Member access

4-Traders Homepage  >  Shares  >  SHANGHAI STOCK EXCHANGE  >  China Construction Bank Corporation    601939   CNE100000742

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

China Construction Bank Corporation : China Construction Bank 2011 Net Profit Up 26% At CNY169.26 Billion

03/25/2012 | 08:47am US/Eastern

China Construction Bank Corp. (0939.HK, 601939.SH, CICHY), the country's biggest lender to home buyers, said Sunday its net profit rose 25.5% last year, boosted by higher interest income and commissions.

The state-run bank, in which Bank of America Corp. (BAC) owns a 10% stake, said its net profit for the 12 months ended Dec. 31 totaled CNY169.26 billion (US$26.9 billion), up from CNY134.84 billion in 2010.

The result was slightly above the average CNY168.07 billion net profit forecast of four analysts polled earlier by Dow Jones Newswires.

CCB said its net interest income, which accounts for about 80% of its operating income, rose to CNY304.57 billion from CNY251.50 billion, and its net fee and commission income rose to CNY86.99 billion from CNY66.13 billion.

-By Aaron Back, Dow Jones Newswires; (8610) 8400-7701;

1d ago CHINA CONSTRUCTION BANK : 99 Wuxian Ltd (ASX:NNW) Strategic Review and September..
1d agoDJBANK OF COMMUNICATIONS : Time for a Withdrawal? -- Barron's Asia
1d agoDJBANK OF COMMUNICATIONS : Time for a Withdrawal? -- Barron's Asia
1d agoDJBANK OF COMMUNICATIONS : Time for a Withdrawal? -- Barron's Asia
2d ago ICBC Became Most Profitable in World
3d ago CHINA CONSTRUCTION BANK : to invest $169bn in UK infrastructure by 2025
3d ago Agile Property Still Suffers Capital Strain
5d ago Online financing, rising costs squeeze profits at China's midsize banks
10/24 CHINA CONSTRUCTION BANK : 9 Banks to Issue CNY7.5bn Interbank CDs on Oct 24
10/24 CHINA CONSTRUCTION BANK : CCB Q1-3 Net Profits Up 7.8%
Duration : Period :
China Construction Bank Co Technical Analysis Chart | 601939 | CNE100000742 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes