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FX.co ★ United Overseas Bank H1 Net Profit Declines

United Overseas Bank H1 Net Profit Declines

United Overseas Bank Ltd. (UOVEF.PK) on Thursday announced its first-half profit, which included one-off expenses of S$2.91 billion, slightly down from last year's S$2.92 billion.

The core net profit saw a 1 percent decrease, dropping to S$3.05 billion from S$3.08 billion the previous year.

Total income for the period was S$6.99 billion, compared to S$7.07 billion last year.

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