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China Commercial Credit Inc  (CCCR)
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    Sector  Financial    Industry Regional Banks
 
 

EARNINGS REPORT by CSIMarket

Redemption of Losses,


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Provisions for loan losses hurt company's earnings in the forth quarter 2015 eps drops to $-1.26



For the forth quarter 2015 China Commercial Credit Inc decreased loss at $-1.26 per share, compare to results of $-1.52 per share a year ago quarter, In the previous quarter company realized $-2.99 per share.

from $-36.61 millions in preceding quarter, improved from $-2.99 per share.

In the forth quarter 2015 China Commercial Credit Inc reported net loss of $-15.64 million, instead of deficit of $-17.19 millions in the same quarter a year ago.

In the periodn0 China Commercial Credit Inc was forced to increase it's loan and lease reserve, by raising it's provision for loan losses $19.73 millions.

China Commercial Credit Inc reported net loss of $-61.26 millions and Revenues of $-55.84 millions for the fiscal year 2015.

Regional Banks company said its eps were at $-4.96 compare to $0.81 in the previous fiscal year, while by -545.23 % from $12.54 millions a year ago.
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China Commercial Credit Inc reported third quarter 2015 earnings

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