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China Daily | Updated: 2009-04-29 07:44

BOC earnings drop

Bank of China, the country's third-largest bank by market value, posted a 14.41 percent drop in its first-quarter net profit, the bank said in a statement yesterday. The bank's net profit in the first three months of this year fell to 18.57 billion yuan, down from 21.7 billion yuan in the same period last year.

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