You are here

DBS posts 6% higher Q4 net profit of $802m

Full-year down 4% at $3.7b, shares fall despite higher final dividend

BT_20140215_LSDBS15159D_959520.jpg
LOOKING AHEAD Full-year dividend is 58 cents, up from 2012's 56 cents. Mr Gupta says DBS 'plans to stick to 58 cents for the foreseeable future'. - PHOTO: ARTHUR LEE

Singapore DBS Group Holdings posted core net profit of $802 million for its fiscal fourth quarter, an increase of 6 per cent from a year earlier. The earnings were below market expectations; six analysts polled by Reuters had forecast an average of $843 million, excluding one-off items.

sentifi.com

Market voices on:

Powered by GET.comGetCom