Markets

United Overseas Bank H1 Net Profit Declines

August 01, 2024 — 10:35 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - United Overseas Bank Ltd. (UOVEF.PK), Thursday reported first half profit, including one-off expenses of S$2.91 billion, compared to last year's S$2.92 billion.

Core net profit declined by 1 percent, to S$3.05 billion from S$3.08 billion in the previous year.

Total income stood at S$6.99 billion versus S$7.07 billion last year.

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