Financial News
Author: Hu Xueneng
2020-07-30 12:23
Last update date: 2020-07-30 12:26Standard Chartered Group (2888) announced its interim results as of the end of June this year. Pre-tax statutory profit was 1.627 billion yuan (US$‧ the same below), a year-on-year decrease of 33%; pre-tax basic profit was 1.955 billion yuan, a year-on-year decrease of 25 %. No interim dividend will be paid.
During the period, revenue increased by 5% to 8 billion yuan. If calculated on a fixed exchange rate basis, it would increase by 7%. Excluding the positive adjustment of debt value by 146 million yuan, revenue would increase by 5% on a fixed exchange rate basis.
Standard Chartered Performance