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Spotlight Shifts to StanChart's Exposure to Tariff Risk Despite Outperformance -- Market Talk
Standard Chartered's Q1 Attributable Profit Jumps 13%; EPS Beats Estimates; Shares Rise 3%
Express News | Hong Kong Shares of Standard Chartered up More Than 1% After Posting Forecast-Beating Q1 Profit
Standard Chartered's Quarterly Profit Rises; Maintains Guidance
STANCHART (02888.HK): Strong performance in the first quarter, with Operating income rising to 5.4 billion yuan.
On May 2, Gluonhui reported that STANCHART (02888.HK) released its Q1 2025 performance, showing strong results amidst a changing economic environment. Operating income increased by 7% to 5.4 billion yuan (USD, same hereafter). Excluding the impact of significant projects, operating income rose by 12%. Basic expenses grew by 5%, and excluding significant projects, there was a 7% positive difference in income versus cost growth. During this quarter, Crediting impairment expenses were 0.219 billion yuan, which equates to an annualized loan loss rate of 25 basis points. Hence, the pre-tax basic profit reached 2.3 billion yuan, up 12%, along with each share.
Standard Chartered: Trade Tariffs Raised Global Economic, Geopolitical Complexity >2888.HK