SHANGHAI/HONG KONG (Reuters) – Industrial and Commercial Bank of China Limited, the world’s largest lender, reported a 5.7% rise in first-quarter net profit on Friday.
ICBC said net profit for the first three months of the year totalled 90.63 billion yuan ($13.75 billion), up from 85.73 billion yuan a year earlier.
($1 = 6.5897 Chinese yuan renminbi)
(Reporting by Engen Tham and Selena Li; Editing by David Goodman)