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DBS reports net profit of $1.82 bil for 2QFY2022, up 7% y-o-y

Felicia Tan
Felicia Tan8/4/2022 07:50 AM GMT+08  • 5 min read
DBS reports net profit of $1.82 bil for 2QFY2022, up 7% y-o-y
The bank's quarterly net profit was the second highest on record. Photo: Bloomberg
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DBS Group Holdings has reported net profit of $1.82 billion for the 2QFY2022 ended June, 7% higher than the net profit of $1.70 billion in the same period the year before.

This brings the bank’s net profit for the 1HFY2022 to $3.62 billion, which fell by 3% compared to its record net profit of $3.71 billion reported in the 1HFY2021.

Earnings per share (EPS) for the 1HFY2022 stood at $2.80, down from the previous period’s EPS of $2.88.

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