Zhongyuan Bank Co logo

1216 - Zhongyuan Bank Co News Story

HK$1.06 -0.0  -0.9%

Last Trade - 8:06am

Sector
Financials
Size
Mid Cap
Market Cap £2.00bn
Enterprise Value £10.08bn
Revenue £2.23bn
Position in Universe 588th / 6094

BRIEF-Zhongyuan Bank Co Ltd - FY Net Profit Attributable Expected To Decrease By About 39%

Mon 18th March, 2019 10:45am
Zhongyuan Bank Co Ltd  1216.HK :
    * ZHONGYUAN BANK CO LTD - FY NET PROFIT ATTRIBUTABLE
EXPECTED TO
DECREASE BY ABOUT 39%
    * ZHONGYUAN BANK - EXPECETD DECREASE IN PROFIT AS LOANS
OVERDUE
FOR MORE THAN 90 DAYS CLASSIFIED AS NON-PERFORMING LOANS AND
FULLY PROVISIONED BY BANK
    * ZHONGYUAN BANK - IS OF VIEW THAT NET OPERATING INCOME FOR
YEAR
ABOUT RMB16.8 BILLION, UP ABOUT 31%
    * ZHONGYUAN BANK - IS OF VIEW THAT FY PROFIT BEFORE
PROVISIONS OF
ABOUT RMB9.8 BILLION, UP ABOUT 39%

Source text for Eikon:  ID:nHKS51hgDs 
Further company coverage:  1216.HK
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.