Top 10 most profitable public companies

By Wang Yanfang
0 Comment(s)Print E-mail China.org.cn, April 28, 2013
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   Bank of China (stock code: 601988.SH)

Net profit: 139.432 billion yuan

Bank of China, one of the 'Top 10 most profitable public companies' by China.org.cn.

Bank of China 
Bank of China was established in February of 1912, under the approval of Sun Yat-sen. From 1912 to 1949, it functioned as the central bank, the foreign exchange bank and the specialized foreign trade bank successively. After the founding of the People's Republic of China in 1949, the Bank of China became a specialized foreign exchange and international trade bank. In August 2004, Bank of China Limited was established and then listed on the Hong Kong Exchange and Clearing Limited and the Shanghai Stock Exchange in June and July 2006, respectively.

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