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Hua Xia Bank net profit down 13.6% in H1
(Xinhua)
Updated: 2009-08-08 14:53

China's Hua Xia Bank Co Ltd announced Friday evening it had made a net profit of 1.67 billion yuan (about $243 million) during the first half of the year, down 13.61 percent year-on-year.

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Total assets of the bank rose 9.42 percent year-on-year to 800.53 billion yuan by the end of June, the company said in its half-year report to the Shanghai Stock Exchange.

The bank's net assets profitability ratio was 5.92 percent in six months, dropping by 7.39 percentage points year-on-year.

The Shanghai-listed firm's shares had fallen 1.46 percent to 12.12 yuan a share Friday before the release of the report.


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