not vested
<Blue Chip Result>BOC HONG KONG Interim Net Profit Up 219.2% to $42.731B; Interim & Special Div $1.255
BOC HONG KONG (02388.HK) announced the interim result for the six months ended 30 June 2016.
During the period, the net profit rose 219.2% yearly to $42.731 billion.
The EPS equaled $4.0416; an interim dividend of $0.545 was declared, together with $0.710 special dividend due to the disposal of NCB, totalling $1.255.
During the period, the net operating income before impairment allowances rose 0.07% yearly to $20.745 billion; operating profit fell 2.44% yearly to $14.399 billion; return on average shareholders? equity is 25.90%; net interest income fell 8.43% yearly to $12.172 billion; non-interest income rose 15.26% yearly to $8.573 billion.
The loan to deposit ratio was 67.10%, up 3.85 percentage points from 63.25% at the end of 2015. Advances to customers and deposits from customers grew by 11.1% and 4.7% respectively from the end of 2015, outperforming the market growth.
The total capital ratio was 23.30% while the Tier 1 capital ratio was 18.63%, up 5.44 and 5.74 ppts from that at the end of 2015. The improvements mainly reflect the gain on disposal of NCB.
The average value of the liquidity coverage ratio in the first and second quarter of 2016 was 112.92% and 109.70% respectively, well above the regulatory requirement.
Source: AAStocks Financial News