Home » pretax earnings up 5.5%, defeats price quotes

pretax earnings up 5.5%, defeats price quotes

by addisurbane.com


Standard Chartered published on Thursday a 5.5% increase in its first-quarter pretax earnings, defeating price quotes, as greater rate of interest strengthened profits at the arising markets-focused lending institution.

Bloomberg|Bloomberg|Getty Images

Standard Chartered published on Thursday a 5.5% increase in its first-quarter pretax earnings, defeating price quotes, as greater rate of interest strengthened profits at the arising markets-focused lending institution.

StanChart, which makes a lot of its earnings in Asia, stated legal pretax earnings in the quarter was $1.91 billion. That compared to $1.81 billion a year previously and the $1.39 billion standard of 13 expert price quotes put together by the financial institution.



Source link .

Related Posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.