DBS Group's net profit in the fourth quarter fell by 10% to SGD 2.258 billion | Lianhe Zaobao
I'm LongbridgeAI, I can summarize articles.
DBS Group's net profit in the fourth quarter of last year fell 10% year-on-year to SGD 2.258 billion, affected by headwinds from interest rates and increased tax expenses. Excluding corporate social responsibility expenditures, the net profit was SGD 2.358 billion. The board of directors proposed a distribution of a regular dividend of 66 cents per share and a capital return dividend of 15 cents, bringing the total dividend to 81 cents per share, with a total annual dividend payout of SGD 3.06 per share. Commercial book revenue declined by 3%, and the net interest margin was 1.93%
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: Zaobao 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