Date
23 September 2017

CITIC Bank 2013 net profit up 26.2%, filing says

China CITIC Bank Corp. Ltd. (00998.HK, 601998.CN) posted a net profit of 39.17 billion yuan (US$6.3 billion) for 2013, marking an increase of 26.2 percent from the previous year, according to a stock exchange filing Thursday. Outstanding non-performing loans increased 7.71 billion yuan to 19.96 billion yuan, with the non-performing loan ratio rising 0.29 percentage point to 1.03 percent. The company proposed a cash dividend of 2.52 yuan for every 10 shares.

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TL/AC/RC

 

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