Asia
BOC Hong Kong's Profit Rises 7% in Q1
BOC Hong Kong (HKG:2388) posted profit after taxation of HK$12.5 billion for the first quarter, up 7% from HK$11.7 billion a year earlier, according to a Wednesday Hong Kong bourse filing.Net operating income before impairment allowances fell 0.7% to HK$20 billion from HK$20.1 billion in the prior-year period.The lender declared a first interim dividend of HK$0.29 per share, payable on May 28 to shareholders on record as of May 20.
HKG:2388
