UOB Kay Hian FY 2024 profits surge 31% YoY
I'm PortAI, I can summarize articles.
UOB Kay Hian Holdings Limited reported a 31% year-on-year increase in net earnings for FY 2024, reaching $223.7 million, with earnings per share at 24.42 Singaporean cents. Commission and trading income rose 26% to $368.7 million, while interest income fell 3.4% to $253.4 million. The company noted strong investor sentiment driven by US and Asian market recoveries, despite monitoring potential impacts from US economic policies and China's growth measures. UOB Kay Hian remains cautiously optimistic about future market conditions.
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: Singapore Business Review 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