Baobao83
2022-02-23

$OVERSEA-CHINESE BANKING CORP(O39.SI)$A great performance, 2021 Full year net profit of $4.86B is stellar. Higher profits than UOB was quite unexpected but most welcomed.

SGX Stocks Opportunities
Share SGX companies' analysis and opportunities with Tigers!
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

  • hydros
    2022-02-23
    hydros
    bad quarter but good year:
    During the 4QFY2021, OCBC saw earnings decline 14% y-o-y to $973 million due to a 15% y-o-y growth in operating expenses.
  • WFAF18
    2022-02-23
    WFAF18
    2022 is unlikely a good year. Its exposure to China is too high. No growth point for it 😭
  • Baobao83
    2022-02-23
    Baobao83
    Just because the headline was lower than expected Q4 results
  • Baobao83
    2022-02-23
    Baobao83
    Still higher profits than say, UOB for full year 2021.
  • meggidodimus
    2022-02-23
    meggidodimus
    wow market reaction is price drop?
Leave a comment