Shenzhen Development Bank Co., Ltd. announced that it expects the net profit for the first three quarters of fiscal 2008 to increase ranging from 75% to 80%, or from RMB 3.279 billion to RMB 3.373 billion, compared to that of the same period of fiscal 2007 (RMB 1,874 million). The Company cited the deposit and loan growth, improvement of interests difference, increase of intermediary business, effective cost management and lower down of tax rate as the main reasons for the positive financial outcome.