China Construction Bank profit up 4.87 pct in H1

BEIJING, Aug. 30 (Xinhua) -- China Construction Bank, one of the country's largest state-owned commercial banks, saw its net profit rise 4.87 percent to 154.19 billion yuan (about 22 billion U.S. dollars) in the first half of 2019.

At the end of June, the lender's total assets amounted to 24.38 trillion yuan, up 5 percent from the end of 2018, according to its semi-annual report filed to the Shanghai Stock Exchange.

The non-performing loan ratio stood at 1.43 percent at the end of June, down from 1.46 percent at the end of last year.

Its interest income grew 4.57 percent year on year to 250.44 billion yuan, contributing 69.28 percent to the bank's total revenue.