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JadeK

Jade

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- JadeKJadeK
  ·08-06
  $DBS Group Holdings(D05.SI)$
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- JadeKJadeK
  ·2023-04-27
  Profit spiked but share price is down after announcement. ???
  Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln
  SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in
  Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln
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- JadeKJadeK
  ·2022-11-15
  $Taiwan Semiconductor Manufacturing(TSM)$
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- JadeKJadeK
  ·2022-11-03
  $OVERSEA-CHINESE BANKING CORP(O39.SI)$
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- JadeKJadeK
  ·2022-10-27
  $DBS GROUP HOLDINGS LTD(D05.SI)$
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???","listText":"Profit spiked but share price is down after announcement. ???","text":"Profit spiked but share price is down after announcement. ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947369024","repostId":"1104108821","repostType":4,"repost":{"id":"1104108821","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1682560459,"share":"https://ttm.financial/m/news/1104108821?lang=&edition=fundamental","pubTime":"2023-04-27 09:54","market":"sg","language":"en","title":"Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 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When completed, the move will double its retail customer base in these markets.</p><p style=\"text-align: start;\">&#34;Our Citigroup integration is progressing well,&#34; Wee said. &#34;We are on track to close in Indonesia by the end of the year after completing our acquisition in Malaysia, Thailand and Vietnam.&#34;</p><p style=\"text-align: start;\">($1 = 1.3348 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Lender UOB's Q1 Core Profit Leaps 74% to Record $1.2 Bln\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-04-27 09:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, April 27 (Reuters) - Singapore&#39;s United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.</p><p style=\"text-align: start;\">The lender&#39;s core profit, which excludes one-off expenses, rose to a record S$1.58 billion ($1.20 billion) in the first quarter, just above the mean estimate of some S$1.55 billion from four analysts polled by Refinitiv.</p><p>Net profit in the first quarter climbed 67% to $1.51 billion.</p><p style=\"text-align: start;\">&#34;We delivered record profits this quarter backed by our core businesses and diversified growth drivers,&#34; Wee Ee Cheong, CEO of the Southeast Asia-focused bank said in a statement.</p><p style=\"text-align: start;\">&#34;We also focused on strengthening our balance sheet, so that we can continue to support our customers through market cycles,&#34; he said.</p><p style=\"text-align: start;\">UOB expects low to mid-single digit percentage loan growth for this year, double-digit fees growth and credit costs at 20 to 25 basis points, Wee said in a media briefing after the earnings announcement.</p><p>Last year, UOB acquired Citigroup&#39;s consumer business in four Southeast Asian markets for about S$5 billion, marking its biggest deal in two decades. When completed, the move will double its retail customer base in these markets.</p><p style=\"text-align: start;\">&#34;Our Citigroup integration is progressing well,&#34; Wee said. &#34;We are on track to close in Indonesia by the end of the year after completing our acquisition in Malaysia, Thailand and Vietnam.&#34;</p><p style=\"text-align: start;\">($1 = 1.3348 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U11.SI":"大华银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104108821","content_text":"SINGAPORE, April 27 (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in core profit in the first quarter from a year earlier on the back of strong net interest and non-interest income growth.The lender's core profit, which excludes one-off expenses, rose to a record S$1.58 billion ($1.20 billion) in the first quarter, just above the mean estimate of some S$1.55 billion from four analysts polled by Refinitiv.Net profit in the first quarter climbed 67% to $1.51 billion.\"We delivered record profits this quarter backed by our core businesses and diversified growth drivers,\" Wee Ee Cheong, CEO of the Southeast Asia-focused bank said in a statement.\"We also focused on strengthening our balance sheet, so that we can continue to support our customers through market cycles,\" he said.UOB expects low to mid-single digit percentage loan growth for this year, double-digit fees growth and credit costs at 20 to 25 basis points, Wee said in a media briefing after the earnings announcement.Last year, UOB acquired Citigroup's consumer business in four Southeast Asian markets for about S$5 billion, marking its biggest deal in two decades. 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