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Bank of Beijing's Q1 Profit Rises 6%, Revenue Jumps 14%; Shares Drop 4%

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-- Bank of Beijing's (SHA:601169) net profit attributable to shareholders in the first quarter rose 5.6% year on year to 8.10 billion yuan, or 0.38 yuan per share, according to a Shanghai bourse filing on Tuesday.

The attributable profit a year earlier was 7.67 billion yuan, or 0.36 yuan per share.

Operating revenue jumped 14% to 19.6 million yuan from 17.1 million yuan in the previous year.

The Chinese lender's shares dropped 4% during the morning trade Tuesday.

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