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Agricultural Bank of China net profits up 1.01 pct on year in July-Sept.

BEIJING
2015-10-23 21:31

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Agricultural Bank of China Co., Ltd. (ABC; 01288.HK; 601288.SH) announced on Friday night that its nets profits rose 1.01 percent from a year ago to 48.90 billion yuan in the three months through September. In the January-September period, ABC's net profits were 153.21 billion yuan, up 0.51 percent on a yearly basis, according to a filing with Shanghai Stock Exchange. The bank's non-performing loans amounted to 179.16 billion yuan as of end-September, an increase of 54.19 billion yuan compared with end-2014. Bad loan ratio increased to 2.02 percent at the end of September from 1.54 percent at the end of 2014.

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