Saigon - Hanoi Commercial Joint Stock Bank (SHB)’s consolidated net profit rose 52% to VND753.4 billion in 2011 from VND494.3 billion in 2010, the firm said in its financial statements posted on HNX’s website.

The bank’s net interest income reached VND1.9 trillion last year, up 58.3% from VND1.2 trillion in the previous year.

 

In Q4/2011, SHB reported VND221.2 billion net profit on VND517.6 billion net interest income, compared to VND133.2 billion and VND410 billion a year earlier, respectively.

 

The firm had total assets of VND70.99 trillion at the end of quarter, against VND51 trillion at the beginning of this year.

Source HNX