Industrial Bank's Q1 Profit Stays Flat

MT Newswires Live04-30 14:28

Industrial Bank's (SHA:601166) net profit attributable to shareholders in the first quarter was nearly flat, rising year on year to 23.8 billion yuan, according to a Shanghai bourse filing on Thursday.

Earnings per share slipped to 1.04 yuan from 1.05 yuan a year earlier.

Operating revenue slipped 1.1% to 55.1 billion yuan from 55.7 billion yuan in the previous year.

The lender's shares fell 1% during the afternoon trade.

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