DAH Sing Bank, a wholly owned subsidiary of Dah Sing Financial Holdings, yesterday reported a 28 per cent rise in profit to $186.25 million for the year to December 31. A total $50 million was transferred to general reserves during the year. Hongkong Industrial and Commercial Bank, a subsidiary of Dah Sing Bank, posted an after-tax profit of $16.56 million, 48 per cent more than the previous year's $11.2 million. However, Dah Sing Bank's finance subsidiary, Dah Sing Finance, posted an after-tax profit of $544,074, down 81 per cent from the previous year's $2.88 million. With retained profits of $3.09 million brought forward from the previous year, the finance subsidiary's retained profits carried forward last year were $3.64 million.