China Construction Bank H1 net profit up
Updated: 2011-08-22 10:24
(Xinhua)
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 A man walks outside the China Construction Bank headquarters building in Beijing August 11, 2011.[Photo/Agencies]
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BEIJING-- China Construction Bank, the country's second largest state-owned bank, said that its first-half net profit surged 31 percent to reach 92.9 billion yuan ($14.3 billion).
Business revenue during the period amounted to $196 billion, up 28 percent, according to a report of the bank filed with the Shanghai Stock Exchange late Sunday.
Total assets of the bank stood at $11.75 trillion as of the end of June, an increase of more than 8 percent compared to the end of last year.
Bank deposits totaled $9.89 trillion as of June 30, up 9 percent compared to the end of 2010.
