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Analysts overall positive on UOB after ‘decent’ 2QFY2023 results

Felicia Tan
Felicia Tan • 8 min read
Analysts overall positive on UOB after ‘decent’ 2QFY2023 results
The UOB building at Singapore's Raffles Place. Photo: Samuel Isaac Chua/The Edge Singapore
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Analysts are overall positive on United Overseas Bank (UOB) after it posted a “decent” set of results for the 2QFY2023 ended June 30.

On July 27, the bank reported a net profit of $1.42 billion for the quarter and a net profit of $2.93 billion for the 1HFY2023.

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