BEIJING, Oct. 26 (Xinhua) -- The Industrial and Commercial Bank of China (ICBC), China's biggest commercial lender, reported a net profit increase of 5.8 percent in the third quarter of this year.
Its net profits attributable to shareholders stood at 83.78 billion yuan (about 11.8 billion U.S. dollars) in Q3, according to a report filed with the Shanghai Stock Exchange.
Net profits attributable to shareholders in the first nine months rose 5.04 percent to 251.71 billion yuan, the report said.
Its business revenue rose 7.61 percent in Q3 to 204.03 billion yuan, and total assets reached 30.43 trillion yuan at the end of September, up 9.84 percent from the end of last year.
Basic earnings per share grew 9.09 percent year on year to 0.24 yuan in Q3, the statement said.
At the end of September, the non-performing loan ratio was 1.44 percent, down 0.08 percentage points from the end of last year. The reading had dropped for 11 consecutive quarters for ICBC.
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