China Minsheng Banking Corp (SHA:600016, HKG:1988): Expect 2011 Net Profit To Be Up More Than 50%


China Minsheng Banking Corp. (SHA:600016, HKG:1988) said Thursday the company expects its net profit for 2011 to rise by more than 50% from the year before.

The lender said in a statement that the projected profit increase was driven by improving operational efficiency and asset quality.


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