Sunday 11 April 2021
Home      All news      Contact us      RSS     
channelnewsasia - 2 month ago

Standard Chartered 2020 pretax profit falls 57per cent, misses estimates

LONDON: Standard Chartered PLC (StanChart) on Thursday (Feb 25) posted a 57 per cent fall in annual profit, missing analyst estimates, on higher credit impairments due to the COVID-19 pandemic. StanChart, which earns the bulk of its revenue in Asia, posted a pretax profit of US$1.61 billion. That ...


Latest News
Hashtags:   

Standard

 | 

Chartered

 | 

pretax

 | 

profit

 | 

falls

 | 

57per

 | 

misses

 | 

estimates

 | 

Sources