Today results focus
DBS reports 2QFY2024 net profit of $2.8 bil, 4% higher y-o-y; declares dividend of 54 cents per share
Venture Corporation announced that its 1HFY2024 ended June earnings have dropped by 11.7% y-o-y to $123.7 million from $140.0 million a year ago. The group declared an interim dividend of 25 cents per share https://www.theedgesingapore.com/capital/results/venture-corporation-posts-117-decline-1hfy2024-earnings-1237-mil-expects-stronger
The 2 other banks
UOB Q2 profit rises 1% to S$1.43b; to pay S$0.88 per share dividend for H1
https://www.straitstimes.com/business/uob-q2-profit-up-1-to-143-billion-dividend-of-88-cents-declared OCBC Q2 profit up 14% at S$1.94 billion; S$0.44 per share interim dividend declared
China
Exports, Jul : from 10.70M to 6.50M
Imports, Jul : from -0.60M to 6.60M
Trade Balance, Jul : from 703.73B to 601.90B
Exports, YoY, Jul : from 8.6% to 7.0%
Imports, YoY, Jul : from -2.3% to 7.2%
Trade Balance, YoY, Jul : from 99.05B to 84.65B China's exports miss expectations in July, while imports pick up with growth of 7.2%
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