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UOB’s Q3 net profit jumps 182% to $1.25b but misses estimates; shares fall over 5%

The jump in net profits was largely due to a sharp drop in provisions for potential loan losses.

First reported by The Straits Times 1 source
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  1. The Straits Times

    UOB’s Q3 net profit jumps 182% to $1.25b but misses estimates; shares fall over 5% (opens The Straits Times in a new tab)

    The jump in net profits was largely due to a sharp drop in provisions for potential loan losses.