October 25, 2012 / 8:37 AM / 5 years ago

Bank of China Q3 profit up 17 pct, beats estimates

HONG KONG, Oct 25 (Reuters) - Bank of China Ltd, the country’s No.4 lender by market value, posted a third-quarter net profit gain of 16.7 percent, beating estimates, as interest margins widened following increased demand for credit.

Net profit rose to 34.76 billion yuan ($5.57 billion) in July-September from 29.8 billion yuan a year earlier. That compares with the average estimate of 32.7 billion yuan in a Reuters poll of 12 analysts. (Reporting by Kelvin Soh; Editing by Ryan Woo)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below