AGRICULTURAL BANK OF CHINA 07 OPERATING PROFIT UP 475.87%
AsiaInfo Services, January, 2008
AsiaInfo Services 01-25-2008 Agricultural Bank of China 07 Operating Profit Up 475.87% BEIJING, Jan 25, 2008 (SinoCast via COMTEX) -- Agricultural Bank of China (ABC), one of China's largest banks, gained a operating profit of CNY 8.759 billion in 2007, soaring 475.87% year on year, according to a latest announcement by the bank. Meanwhile, its revenue from transactions in the capital market grew 42.9% yearly. As one of the market maker in the inter-bank bond market, the bank has been focusing on its operation of capital as well as marketing.
When faced with negative conditions in the past year, the bank took effective measures such as accurate forecast, good preparation, financing structure adjustment, operation ahead of schedule. And those contributed to the...
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