Standard Chartered Posts Lower H1 Profits - Quick Facts

(RTTNews) - Standard Chartered Plc (SCBFF.PK, STAC.L, STAN.L) Wednesday posted a statutory pre-tax profit of $893 million for the half year, compared to last year's $2.098 billion. On underlying basis, pre-tax profit slid to $994 million from $1.824 billion a year ago.

Statutory operating income declined to $6.935 billion from $8.769 billion, and underlying operating income fell to $6.810 billion from $8.495 billion last year.

Profit attributable to ordinary shareholders was $394 million, compared to $1.462 billion.

Basic earnings per share totaled 12.0 cents verus 55.7 cents last year. Normalised earnings per share fell to 14.2 cents from 46.3 cents a year ago.