April 28, 2017 / 9:10 AM / 4 months ago

China BoCom's Q1 net profit rises 1.35 pct

SHANGHAI, April 28 (Reuters) - China's Bank of Communications Co Ltd (BoCom) said on Friday net profit rose 1.35 percent in the first quarter of 2017.

Profit at China's fifth-biggest bank rose to 19.32 billion yuan ($2.80 billion) in the three months through March from 19.1 billion in the same period a year earlier, the bank said in a statement.

That was slightly below an average estimate of 19.5 billion yuan from 3 analysts polled by Thomson Reuters.

BoCom's non-performing loan ratio was unchanged at 1.52 percent at end-March versus end-December.

$1 = 6.4790 Chinese yuan Reporting by Engen Tham in Shanghai and Matthew Miller in Beijing; Editing by Stephen Coates and Muralikumar Anantharaman

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