Sunday, April 15, 2007

China Construction Bank H2 profit up 23 pct

(Reuters) - HONG KONG, April 16 - China Construction Bank , the mainland's third-largest lender, posted a 27 percent rise in second-half profit, in line with expectations, after last year's bottom line got fattened by a one-off tax gain.

Construction Bank, in which Bank of America owns about 8 percent, said it earned 23.1 billion yuan , compared with 18.2 billion yuan in the year-earlier period.


Read more at Reuters.com Market News

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