Nov 10, 2023 / NTS GMT
Presentation
Nov 10, 2023 / NTS GMT
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Corporate Participants
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* Chin Yee Goh
Oversea-Chinese Banking Corporation Limited - Group CFO
* Collins Chin
Oversea-Chinese Banking Corporation Limited - Head of IR
* Pik Kuen Wong
Oversea-Chinese Banking Corporation Limited - Group CEO & Non-Independent Executive Director
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Chin Yee Goh - Oversea-Chinese Banking Corporation Limited - Group CFO
(technical difficulty) the robust performance for the quarter, which contributed to record net profit for the 9 months of 2023.
Moving on to our financial highlights on Slide 4. For the third quarter of 2023 [or how we use] 3Q '23 in short, group net profit rose 21% from a year ago to 26% from the previous quarter to SGD 1.81 billion. The group's annualized return on equity for 3Q '23 improved 2.1 percentage points year-on-year to 14%. Total income rose 13% from a year ago to SGD 3.43 billion, underpinned by a record net interest income and growth in noninterest income.
Q3 2023 Oversea-Chinese Banking Corporation Ltd Earnings Presentation Transcript
Feb 14, 2024
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