Shanghai Pudong unaudited 2006 net profit at US$429m

(Xinhua)
Updated: 2007-01-18 16:26

Shanghai Pudong Development Bank Co Ltd said its unaudited net profit in 2006 jumped 31 percent to 3.35 billion yuan (US$429 million) from 2.56 billion yuan in the previous year. Earnings per share increased to 0.769 yuan from 0.653 in 2005.

The bank told the Shanghai Stock Exchange that its unaudited revenue last year rose 25.9 percent to 29.55 billion yuan. The lender said it will release its audited 2006 financial results on March 24.


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