Shanghai Pudong Development Bank (SHA:600000) Q3 NP down 8% Over Q2

Shanghai Pudong Development Bank Co., Ltd (SHA:600000) published quarterly report last night. The company achieved net profit attributable to shareholders of listed company of RMB 10.29 billion in the first three quarters, up 4.53% year-on-year. Basic earnings per share were RMB 1.297 and capital adequacy ratio increased 2.05 percentage points to 10.16 % with core capital adequacy ratio of 6.76%, up 2.08 percentage points compared from the end of the second quarter.
 
Shanghai Pudong Development Bank achieved net profit attributable to shareholders of listed company of RMB 3.509 billion in the third quarter, up 4.53% year-on-year, or down 8.13% compared from RMB 3.82 billion in the second quarter.