Total revenue for 1H20 grew 56.7% y-o-y to $269.5 million, mainly due to a 90% y-o-y increase in commission income of $186.3 million.
UOB Kay Hian, the brokerage arm under the UOB Group, has more than doubled its earnings in 1H20.
For the half-year period ended June, UOB Kay Hian reported earnings of $76 million, a 163.2% surge from the $29 million posted in 1H19.
