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Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
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SPDB profitable in H1
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SHANGHAI Pudong Development Bank said its net profit rose 5.2 percent in the first half of this year, with net non-interest income accounting for more of its earnings amid a better business structure.
The bank’s net profit was 28.1 billion yuan (US$4.24 billion), and the net non-interest income took up over one third in the overall revenue of 83.3 billion yuan.
Asset management, bank card and trust business are the three main contributors to the outstanding performance of net non-interest income, which totaled 31.5 billion yuan and rose 16.6 percent year on year, said its interim report yesterday.
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