UOB-Kay Hian's Profit Rises in H2 2024; Shares Down 6%

MT Newswires

02/27

UOB-Kay Hian's (SGX:U10) attributable profit to owners rose to SG$110.3 million in the second half of 2024 from SG$101.0 million a year earlier, according to a filing with the Singapore Exchange on Wednesday.

Earnings per share edged up to SG$0.118 from SG$0.109 in the comparable period.

Revenue, meanwhile, jumped 16.3% to SG$353.2 million from SG$303.7 million a year earlier, as commission and trading income increased.

Shares of the company were down over 6% in recent trading.

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