Commission and trading income rose by 18.8% y-o-y to $166.0 million mainly due to higher market volume across the US markets. Interest income fell by 6.2% y-o-y to $123.8 million from lower income from structured loans. Other operating income rose to $27.3 million from $16 million.
UOB Kay Hian has reported earnings of $113.9 million for the 1HFY2024 ended June 30, 64.3% higher y-o-y.
Revenue was up by 10.2% y-o-y to $317.1 million as all income – except interest income – rose on a y-o-y basis.
