Monday , June 17 2024

Maritime Bank pre-tax profit rises 47% in Q3

Vietnam Maritime Commercial Join Stock Bank reported pre-tax profits of over VND1.49 trillion (US$60 million) for the third quarter, a 47 percent jump year-on-year.

It took its profits for the year to date to VND4.824 trillion, an increase of 17%.

Its earnings per share stood at VND2,516 on September 30, up from VND2,221, according to its consolidated financial statements for the third quarter.

Between January and September, its operating income was VND8 trillion, up 5% year-on-year, with net interest income rising by 38% to more than VND6.2 trillion.

Total outstanding loans as on September 30 were worth VND112.18 trillion, up 14% from a year earlier .

The non-performing loan ratio was 1.08% as of September 30, marginally down from June 30.

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