UOB Third-Quarter Net Profit More Than Doubles Year on Year
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11:02:02 PM UTC
SquawkNews
Singapore's United Overseas Bank, or UOB SGX:U11, posted on Wednesday a third quarter net profit of S$1.3 billion ($1.01 billion), more than double from a year earlier, underpinned by customer activity and continued franchise expansion.($1 = 1.2811 Singapore dollars)
11:12:16 PM UTC
SquawkNews
By Rae WeeSingapore's United Overseas Bank SGX:U11, or UOB, on Wednesday posted net profit of S$1.25 billion ($975.72 million) for the July-September period, as net fee income reached a new high.UOB's third-quarter net profit was more than double that of a year earlier, though it came from a low ba…