BOC not Ball valve Manufacturer affected by Northeast Expressway court ruling

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BOC not  Ball valve Manufacturer affected by Northeast Expressway court ruling

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BOC not affected by Northeast Expressway court rulingPublished: 05 Jan 2009 23:23:51 PST<p class="authorInfor"]</p]<!--begin CK content--]
Jan. 6, 2009 (China Knowledge) - Bank of China (BOC)&lt;601988&gt;&lt;3988&gt;, one of the country's Big Four commercial banks, said in a statement filed with the Shanghai Stock Exchange that the return of RMB 293 million to Northeast Expressway Co Ltd&lt;600003&gt; will not have not major impacts on its 2008 financial results.</p]
Last week, the lender was ordered by the Supreme People's Court, the highest court in the judicial system in China, to return the deposit of RMB 293 million in Harbin that was found missing on January, 2005 to Northeast Expressway.</p]
BOC said in the statement that it had made sufficient provision for the payment, and it would be able to avoid any negative influences caused by the lawsuit.</p]
As the second-largest lender in China as well as the fifth-largest bank in the world by market capitalization, BOC's total operating profit in 2007 was RMB 89,434 million, up 32.88% from a year earlier.</p]
A-shares of BOC expanded 1.35% to RMB 3.01 on Jan. 5.<br /]</p]<br /]Copyright &copy; 2008 www.chinaknowledge.com<br /]<br /]Send feedback or comments to: news@chinaknowledge.com<br /]<br /]For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: <br /]<br /]To access our page on Bloomberg, type CKFI <go]<!--end CK content--]</go]<!-- right Begin --]Related TopicsChina News<br /]<map name="Map" id="Map"]</map]<!-- right end--]現金化 カード 現金化 比較 テレクラ lipo battery 混合机 联轴器

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