Member access

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

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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

03/25/2012 | 07:47am 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;

React to this article
01/30 Tencent Tops List of China's Most Valuable Brands
01/28 CHINA CONSTRUCTION BANK : Capital markets re-embraces PV industry
01/27 CHINA RAILWAY : Melamchi project faces setback
01/26 CHINA CONSTRUCTION BANK : Trade with UK reaches record $81b in 2014
01/26 CHINA CONSTRUCTION BANK : Consul General’s speech at UK - The Western RMB ..
01/25 CHINA CONSTRUCTION BANK : New China Construction Bank JCB Card for Chinese Visit..
01/23 CHINA CONSTRUCTION BANK : and UK toast a bumper year that broke trade record
01/23 SCHWEIZERISCHE NATIONALBANK : CCB Okayed to Set Up Zurich Branch
01/22 CHINA CONSTRUCTION BANK : New China Construction Bank JCB Card for Chinese Visit..
01/22DJHong Kong Shares End Higher After China Central Bank Move
Duration : Period :
China Construction Bank Co Technical Analysis Chart | 601939 | CNE100000742 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes