Singapore's DBS reports 14 percent rise in fourth-quarter net profit [Reuters]
DBS GROUP HLDGS LTD S/ADR (DBSDY)
NASDAQ:AMEX Investor Relations:
tiindia.com/article/subsidyfinancials/400
Company Research
Source: Reuters
Singapore's DBS reports 14 percent rise in fourth-quarter net profit SINGAPORE (Reuters) - DBS Group Holdings Ltd ( DBSM.SI ), Southeast Asia’s biggest lender, reported a 14% rise in quarterly profit on Thursday, just above market estimates, on broad-based business growth. The Singapore-based bank reported net profit of S$1.51 billion ($1.09 billion) for October-December versus S$1.32 billion a year earlier, and compared with an average estimate of S$1.48 billion from five analysts, according to data from Refinitiv.
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