Singapore's Singapura Finance half-year profit jumps on higher net interest income

Singapura Finance

07/08/2026 10:31

Overview
Singapore finance firm's half-year net income rose 76% yr/yr to S$5.86 mln
Pretax profit for the half-year increased 77% yr/yr
Company reported a 33% rise in income before operating expenses, driven by higher net interest income

Outlook
Company did not provide specific guidance or outlook for future quarters

Result Drivers
NET INTEREST INCOME - Net interest income and hiring charges rose 31.6% yr/yr, driving overall profit growth
OPERATING EXPENSES - Operating expenses fell 8.5% yr/yr, supporting higher profitability
FEE AND OTHER INCOME - Fee and commission income and other operating income increased, contributing to a 33% rise in income before operating expenses

Company press release: ID:nSN9KqJKy

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
S$5.86 mln
 
H1 Operating Expenses
 
-S$9.97 mln
 
H1 Pretax Profit
 
S$7.007 mln
 

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Aug 7 - Singapore banks ride Asia's wealth boom to weather rates headwind

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)