SUBSCRIBERS
OCBC's Q2 up 14%, ahead of estimates
Published Fri, Jul 31, 2015 · 09:50 PM
Singapore
OCBC Bank reported a 14 per cent gain in Q2 net profit to S$1.05 billion reaping the benefits of its Wing Hang acquisition and due to higher fee income.
Its quarterly record S$1.05 billion profit beat the average forecast of S$969 million in a Bloomberg survey of eight analysts.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Spotify sued over alleged unpaid royalties
Keppel Reit unit obtains 131 billion won loan facility
US: Wall St inches up, set for weekly gains on rate-cut hopes
India's Zee Entertainment reports Q4 profit as advertising demand picks up
Halcyon Agri posts 88.2% rise in Q1 Ebitda
Keppel’s data centres CEO to become senior managing director, M1 CEO to helm connectivity portfolio