Date
22 October 2017

Shanghai Pudong Devt Bank 2013 profit up 19.8%, filing says

Shanghai Pudong Development Bank Co. Ltd. (600000.CN) posted a net profit of 40.95 billion yuan (US$5.48 billion) for 2013, up 19.8 percent from a year earlier, it said in a stock exchange filing on Saturday. Revenue was 100.04 billion yuan compared with 82.95 billion yuan previously. Earnings per share were 2.195 yuan. As of end-2013, liabilities had increased 17.1 percent year on year to 3.47 trillion yuan while the non-performing loan ratio had edged up 0.16 percentage point to 0.74 percent, the filing said.

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