Feb. 2, 2007 (China Knowledge) – Huaxia Bank Co. saw a 13% rise in unaudited net profit for 2006 from 2005, to RMB 1.46 billion. 

The bank, which is partly owned by Deutsche Bank AG, reported its profits in a preliminary earnings statement to the Shanghai Stock Exchange yesterday. The lender’s turnover also rose 31% to RMB 18 billion.

Huaxia Bank expects to post audited results on April 20, which could have some differences from the unaudited figures, it said