The Bank of China – Macau Branch posted a profit of 1.305 billion patacas in the first quarter of 2017, according to the balance sheet published recently in the Official Gazette.
The result was due to total costs of 2.359 billion patacas and revenuesof 3.664 billion patacas.
In the same period of 2016, the bank posted a profit of 1.348 billion, due to costs of 2.685 billion patacas and revenues of 4.034 billion patacas, and this year’s result was a decrease of 3.2%.
The Bank of China – Macau Branch, which is an issuing bank in the MSAR along with Banco Nacional Ultramarino (BNU), in 2016 posted a profit of 580.69 million patacas. (macauhub)