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UOB posts 9.2% rise in Q1 profit
Published Wed, Apr 30, 2014 · 10:00 PM
Singapore
IT WAS a decent start to the year for United Overseas Bank (UOB) with first-quarter net profit up 9.2 per cent at $788 million from a year ago.
The January-March results, which beat estimates of $742 million based on a Bloomberg poll, were mainly lifted by lower taxes from the write-back of previous years' income taxes.
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