DBS bank - 1st quarter results is out. Net profit is down 2 percent to 2.9b due to 15 percent global minimum tax. ROE 17.3 percent. I think results beat market expectations of 2.82b. Interim dividend of 60 cents plus special dividend of 15 cents!
I think results is quite good!
First Quarter net profit is up 10% qoq.
Total Revenue increased 6% to 5.905b.
Due to trade Tarrifs, FY2025 net profit will be lowered than 2024.
Pls dyodd.
https://sporeshare.blogspot.com/2025/05/dbs-bank-1st-quarter-results-is-out-net.html
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- icycrystal·05-09thanks for sharing2Report