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Standard Chartered FY12 Profit Edges Up - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Standard Chartered Plc (STAN.L,STAC.L,SCBFF.PK) reported that its fiscal 2012 profit attributable to parent company shareholders rose to $4.887 billion from $4.849 billion in the prior year. However, on a per share basis, net income declined to 197.7 cents from 198.2 cents last year.

Profit before taxation for the year increased to $6.876 billion from $6.775 billion in the previous year.

Annual net interest income was $11.01 billion up from $10.15 billion in the prior year. Non-interest income improved to $8.06 billion from $7.48 billion last year.

The 2012 final ordinary equity share dividend recommended by the Board is 56.77 cents per share, which makes the total dividend for 2012 84.00 cents per share, compared to 76 cents per share paid last year.

The company said that the final dividend will be paid in either pounds sterling, Hong Kong dollars or US dollars on 14 May 2013 to shareholders on the UK register of members at the close of business in the UK on 15 March 2013, and to shareholders on the Hong Kong branch register of members at the opening of business in Hong Kong on 15 March 2013.

The 2012 final ordinary equity share dividend will be paid in Indian rupees on 14 May 2013 to Indian Depository Receipt holders on the Indian register at the close of business in India on 15 March 2013, the company said.

The company said it is entering the new year with strong momentum in both of its businesses and the Board remains confident for the year ahead.

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