Industrial Bank Q3 Net Rose 16.17%

Industrial Bank Co., Ltd. (SHSE: 601166) earned CNY 3.349 billion net profit attributable to the listed company's shareholders for the third quarter ended September 30, 2009, rising 16.17% year on year or CNY 466 million, the Fuzhou-headquartered commercial bank announced in its unaudited financial results.

Basic earnings per share hit CNY 0.67, with a 16.17 increase year on year. Fully diluted return ratio on net assets was 6.01%, inching down 0.22 percentage point year on year. By the end of the quarter, net assets per share attributable to the listed company's shareholders had reached CNY 11.17, up 13.92% compared with CNY 9.80 at the end of the prior year; and total assets CNY 1.266312 trillion, up 24.04% compared with CNY 1.020899 trillion at the end of the prior year.

For the first three quarters of 2009, net profit attributable to the listed company's shareholders rose 1.54% year on year or CNY 145 million to CNY 9.572 billion. Basic earnings per share saw CNY 1.91. Fully diluted return ratio on net assets was 17.14%.

Source: www.hexun.com (November 02, 2009)

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