Item Number Search
Translate a web page:



Outdoor Living
   Figurine
   Flower Pot
   Planter
   Garden Trellis
   Garden Stake
   Plant Stand
   Garden Decorations
   Bird Cage
   Bird Bath
   Bird Feeder
Home Decorations
   Wall Decorations
   Decorative Clock
   Candle Holder
   Candle Lantern
   Coat Rack
   Fruit Tray
   Decorative Mirror
   Pot Rack
   Welcome Sign
   Room Divider
   Toilet Paper Holder
   Umbrella Stand
   Wall Hanger
   Wall Shelf
Holiday D¨¦cor
   Christmas Decor
   Halloween Ornament
Wood Furniture
   Amoir and Chest
   Bar Stool
   Bar Table and Chair
   Cabinet
   Wood Table and Chair
   Pedestal
   Storage Cart
Fireplace Accessories
   Fireplace Screen
   Fireplace Tool set
Display Rack
   Bakers Rack
   Wine Rack
   Garment Rack
   CD Rack
   Corner Rack
   Easel
   Iron Model
   Magazine Rack
   Plate Rack
   Towel Rack
Iron Furniture
   Arch Gate
   Gazebo
   Iron Table
   Iron Chair
   Swing Chair
Mosaic Product
Google
Home > Crafts News
 
Financial firms report over 50% profit rises
DATE[ 2007-8-4 ]    HIT[ 7934 ]
     Interim reports and forecasts issued by 12 listed financial companies in the Shanghai and Shenzhen stock markets showed at least 50 percent year-on-year growth for their first-half profits, China Securities News reported today.

Substantial returns on investments have become the growth engine for financial institutions, as banks, insurers and securities companies experienced great improvements in net profits, according to the report.

Among insurance firms, China Life and Ping An of China both declared an expected growth of over 100 percent in the first half of this year, thanks to increasing investment returns, growing insurance business, and profits from bancasurance.

Securities companies were probably the biggest winners in the first half year, as the Chinese stock market surged. Net profits of Haitong Securities increased 853 percent, or 0.6 yuan per share, to 2.04 billion yuan from a year earlier. CITIC Securities grew more than five times in net profits in the first half. Hong Yuan Securities expected a stunning 2,200 percent net profit growth.

The banking sector also saw steady growth. Shanghai Pudong Development Bank, Shenzhen Development Bank, and CITIC Bank achieved a half-year net profit growth of over 50 percent, 125-145 percent, and over 80 percent respectively. Industrial Bank, China Merchants Bank, Industry and Commercial Bank of China, and China Minsheng Banking Corporation experienced a year-on-year growth of over 90 percent, over 100 percent, over 50 percent, and over 60 percent respectively in net profits.
 
print  back
 
 
 
QUANZHOU RIPPLECRAFTS CO.,LTD 
Add:Luteng Kuidou Anxi County,Quanzhou 362400, Fujian,China 
Contact Person: Roy Huang (President) 
http://ripplecraft.en.alibaba.com   www.ripplecrafts.com
Email:info@ripplecrafts.com
Tel: 86-595-23008369 Direct: 86-13328508369 
Fax:86-595-23338369
Wechat:13328508369
Copyright ⓒ Ripplecrafts Co.,Ltd.All Rights Reserved
web designer