DBS Group Q3 Net Profit Declines
I'm PortAI, I can summarize articles.
DBS Group Holdings reported a decline in third quarter net profit to S$2.95 billion from S$3.03 billion last year. Earnings per share also fell to S$4.12 from S$4.21. However, profit before tax increased by 1% to S$3.48 billion, and total income rose to S$5.93 billion from S$5.75 billion. CEO Tan Su Shan highlighted strong results with record pre-tax profit and a return on equity above 17%, driven by wealth management and deposit growth despite external rate pressures.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: rttnews The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments