Bank of Hangzhou's Q1 Profit Rises 10%, Revenue Up 4%
Bank of Hangzhou's (SHA:600926) net profit attributable to shareholders in the first quarter rose 10% to 6.63 billion yuan from 6.02 billion yuan a year earlier, according to a Shanghai bourse filing on Thursday.Earnings per share increased 6% year on year to 0.88 yuan from 0.83 yuan.Operating revenue climbed 4.3% to 10.4 billion yuan from 9.98 billion yuan in the preceding year.The lender's shares fell 2% during the morning trade.