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Agricultural Bank net profit up 17.5% in 2008

(chinadaily.com.cn)
Updated: 2009-04-26 21:52

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Agricultural Bank of China (ABC) reported Sunday that its net profit increased 17.5 percent to 51.45 billion yuan ($7.54 billion) in 2008 over the previous year.

Business revenue totaled 211.19 billion yuan last year, up 17.8 percent year-on-year. Net interest income rose 23.1 percent to 193.85 billion yuan, according to ABC's first audited annual report...

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