Bank of Chongqing Posts 3% Decrease in Q3 Profit

MT Newswires Live10-31

Bank of Chongqing (HKG:1963) reported a net profit attributable to the shareholders of 1.40 billion yuan for the quarter ended Sept. 30, a decrease of 2.79% compared to the prior-year period, according to a quarterly report filed on Wednesday with the Hong Kong Stock Exchange.

Earnings per share for the company were 0.32 yuan, compared with a 3.23% decrease from the year-ago period.

The company's operating income was 3.40 billion yuan, a 5.29% increase compared to the previous year period.

The bank intends to distribute a cash dividend of 0.166 yuan per share to all ordinary shareholders for the nine-month period.

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