October 30, 2019 / 11:41 AM / a month ago

China Construction Bank's third-quarter profit rises 6.1%, beats estimates

BEIJING/SHANGHAI, Oct 30 (Reuters) - China Construction Bank Corp (CCB) , the country’s second-biggest lender by assets, reported a 6.07% rise in third-quarter net profit on Wednesday.

Net profit rose to 71.15 billion yuan ($10.08 billion) in the three months to Sept. 30 from 67.08 billion yuan a year earlier, the bank said.

The profit growth beat an average forecast of a rise of 4.55% from two analysts surveyed by Reuters. ($1 = 7.0573 Chinese yuan renminbi) (Reporting by Engen Tham in Shanghai and Cheng Leng in Beijing; Editing by Louise Heavens)

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