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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   Agricultural Bank of China (stock code: 601288.SH)

Net profit: 145.094 billion yuan

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

Agricultural Bank of China [nipic.com]
The predecessor of the Agricultural Bank of China is the Agricultural Cooperative Bank established in 1951. Since the late 1970s, the Bank has undergone a conversion from a state-owned specialized bank to a wholly state-owned commercial bank and subsequently a state-controlled commercial bank. The Bank was restructured into a joint stock limited liability company in January 2009. The Bank was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange respectively in July of 2010.

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