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China Construction Bank H1 net profit up

(Xinhua)

09:19, August 22, 2011

BEIJING, Aug. 21 (Xinhua) -- China Construction Bank, the country's second largest state-owned bank, said that its first-half net profit surged 31 percent to reach 92.9 billion yuan (about 14.3 billion U.S. dollars).

Business revenue during the period amounted to 196 billion U.S. dollars, up 28 percent, according to a report of the bank filed with the Shanghai Stock Exchange late Sunday.

Total assets of the bank stood at 11.75 trillion U.S. dollars as of the end of June, an increase of more than 8 percent compared to the end of last year.

Bank deposits totaled 9.89 trillion U.S. dollars as of June 30, up 9 percent compared to the end of 2010.

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