Sporeshare
05-08

$UOB(U11.SI)$  

 UOB - 1st quarter results update is out! Total Revenue is up 3 percent to 3523m.Net profit is up 5 percent yo 1566m. Net interest income is down 2 percent to 2362m. I think result is not bad!

Revenue likely peak. Is never wrong to lock in profit!

The overall increased is due to other non-interest income which was ip 32 percent to 581m. Without this income, Net profit will be lowered than last year.

Pls dyodd. 

https://sporeshare.blogspot.com/2024/05/uob-1st-quarter-results-update-is-out.html

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • qwertd
    05-08
    qwertd
    Total revenue up, net profit up, and strong non-interest income growth.
Leave a comment
2
111