Date
16 October 2017

CITIC Bank sees 2013 net profit at 39 bln yuan, paper says

China CITIC Bank Corp. Ltd. (00998.HK, 601998.CN) expects last year’s unaudited net profit to come in at about 39 billion yuan (US$6.43 billion), Panorama Network reported Sunday, citing a regulatory filing. The filing followed media reports purporting to show the bank’s financial results in documents meant for internal use. The company disavowed the information and warned investors about it. The lender will release its preliminary operating data on Tuesday. It posted a net profit of 31.03 billion yuan in 2012, the report said.

– Contact HKEJ [email protected]

TL/AC/RA

 

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