Agribank Profit Grows at Slowest Rate in Four Years on EconomyBloomberg News
Agricultural Bank of China Ltd., the nation’s third-largest lender by market value, posted its weakest annual profit growth in four years as the economy slowed.
Net income rose 19 percent to 145.1 billion yuan ($23 billion) in 2012, or 0.45 yuan a share, from 121.9 billion yuan, or 0.38 yuan a share, a year earlier, the Beijing-based lender said in a statement to the Hong Kong stock exchange today. That compares with the 148.7 billion-yuan average estimate of 30 analysts compiled by Bloomberg.
— With assistance by Jun Luo