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Finance Service
Finance Service


 
Shenzhen Development Bank Co., Ltd. Announces FY 2007 Guidance Above Analysts' Estimate
 
Reuters--01-18-2008      [-] Text [+]
 
Shenzhen Development Bank Co., Ltd. announced that the Company expects to report the net profit for fiscal year 2007 to increase between 100% and 110%, compared with that of fiscal year 2006 (RMB 1,302,906,538). According to Reuters Knowledge, analysts on average are expecting the Company to report RMB 2,452.72 million for fiscal year 2007. The Company cited increase in businesses and asset quality as the reasons for the change. 

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