DBS Group's net profit rose 4% to $4.39b

This was boosted by its Q4 net profit of $1.22b.

DBS Group Holdings Ltd (DBS Group) reported that its net profit income (NPI) increased by 4% YoY to $4.39b in 2017, from $4.24b in 2016.

Due to a decline in total allowances, DBS Group’s NPI rose from $822m in 3Q2017 to $1.21b in 4Q2017.

However, its NPI in Singapore fell by 10% YoY to $3.07b, which was highly caused by a $475m increase in total allowances. Additionally, total income grew by 3% YoY to $7.8b, whilst expenses also increased by 5% to $3.03b.

DBS Group’s NPI in South and South-east Asia also decreased to $73m.

Meanwhile, its net profit from Hongkong increased by 40% YoY to $996m, whilst China increased to $82m, and the rest of the world to $173m.

Total expenses increased by 3% YoY, from $4.97b in 2016 to $5.13b in 2017.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia