Shenzhen Development Bank H1 Profit Rises 31Pct

»Shenzhen Development Bank Co. said on Tuesday its first-half net profit rose 31 percent from a year ago to 3.03 billion yuan.

»Earnings per share were 0.98 yuan, up 31 percent year-on-year.

»Operational revenue in the first half was 8.5 billion yuan, a gain of 13 percent year-on-year. Interest net income increased by 16 percent to 7.41 billion yuan, accounting for 87.2 percent of total revenue.