[ET Net News Agency, 27 April 2017] China Minsheng Banking Corp. (01988) said its net
profit attributable to equity shareholders for the first quarter of 2017 rose 3.6%
year-on-year to Rmb14,199 million.
Basic and diluted earnings per share were Rmb0.39.
Operating income was Rmb36,229 million, a decrease of 9.73% from a year earlier.
Net interest income amounted to Rmb20,680 million, a decrease of 14.2% year-on-year.
As at the end of the reporting period, the outstanding non-performing loans of the Group
was Rmb43,781 million, increased by Rmb2,346 million, or 5.66%, as compared with the end
of the previous year. The non-performing loan ratio was 1.68%, same as that at the end of
the previous year.
Core tier-one capital adequacy ratio of the group was 8.91% as at 31 March 2017. (HL)