China Construction Bank net profit up 18.6% in Q3

China Construction Bank, one of the country's top four lenders, announced Friday its net profit in the third quarter rose 18.56 percent year on year to 30.3 billion yuan (4.4 billion U.S. dollars).

The non-performing loan rate of the bank stood at 1.57 percent by September, down 0.64 percentage point from the end of last year, the bank said in a statement to the Shanghai Stock Exchange.

Equities of the Beijing-based lender added 2.88 percent to 6.07yuan per share on Friday.

Source: Xinhua