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SHANGHAI, Aug. 17 -- BANK of Communications's profit rose 41.83 percent in the first half amid growth on loans and fee-based income.Net profit increased to 8.56 billion yuan (US$1.14 billion), or 0.18 yuan a share, from 6.03 billion yuan, or 0.13 yuan a share, a year ago, the Shanghai-based lender said in a statement yesterday, citing figures on international accounting standards.Net interest income grew 28.3 percent to 23.54 billion yuan. The bank's outstanding loans grew 22.3 percent from the beginning of the year to 1.11 trillion yuan, while deposits increased 22.14 percent to 1.65 trillion yuan in the same period. Qiu Zhicheng, a Haitong Securities Co analyst, said he had expected the profit growth to be 50 percent.The bank said except for a one-off taxation payment, its profit rose 63.13 percent year on year. The bank paid a one-time increase in income tax of 1.29 billion yuan due to impending tax-rate rules changes.Net fee-based income, including selling wealth-management...

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