CITIC Bank Q3 Net Rose

China CITIC Bank Corporation Ltd. (SEHK: 0998 and SHSE: 601998) earned CNY 4.348 billion net profit attributable to the company's shareholders for the third quarter of 2009, with a 7.8% rise year on year and a 13.9% rise quarter on quarter, the Chinese bank announced in its financial results on October 27.

Basic earnings per share hit CNY 0.11. Fully diluted return ratio on net assets was 16.82%.

Additionally, in the first three quarters of the year, the bank got CNY 11.395 net profit attributable to the company's shareholders, with an 8.5% reduction year on year. Basic earnings per share stood at CNY 0.29. Fully diluted return ratio on net assets was 14.69%.

By the end of the third quarter, the bank had had total assets of CNY 1.428861 trillion, compared with CNY 1.187837 trillion at the end of the prior year; and it had hit CNY 2.65 net assets per share attributable to the company's shareholders.

Source: www.hexun.com (October 28, 2009)

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