Shanghai Pudong Development Bank (SPD Bank) (600000.SH) posted a 41.83 percent year-on-year increase in first half 2011 net profit to 12.88 billion yuan, with earnings per share (EPS) of 0.69 yuan, reports China Securities Journal, citing a filing by the bank.

Revenue in the same period rose 40.06 percent year-on-year to 31.87 billion yuan.

Of the total loan balance, the manufacturing sector accounted for 21.38 percent, the wholesale, retail and catering industries accounted for 10.44 percent, while 10.11 percent of the loans went to the real estate sector.

The capital adequacy ratio (CAR) of the bank was 11.5 percent as of end June, while core capital adequacy ratio hit 9.16 percent.

The non-performing loan ratio was 0.42 percent, down 0.09 percentage point from end 2010.

SPD Bank posted a 6.73 percent year-on-year increase in the foreign currency loan balance to 1.75 trillion yuan.