Ping An Bank H1 Profit Up 2%, Operating Income Down 13%

MT Newswires Live08-16

Ping An Bank (SHE:000001) posted first-half net profit attributable to shareholders of 25.88 billion yuan, or 1.23 yuan per share, up 1.9% from 25.39 billion yuan, or 1.20 yuan per share, the previous year.

Operating income, however, contracted 13% year over year to 77.13 billion yuan from 88.61 billion yuan, according to a Friday filing with the Shenzhen Stock Exchange.

The bank declared a cash dividend of 2.46 yuan per 10 shares.

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