UOB Kay Hian H1 net profit jumps 66% to S$164.7 million on higher volume
Earnings per share are S$0.1686 for the half-year, up from S$0.106 previously
UOB Kay Hian reported a 66% surge in net profit to S$164.7 million for the first half of FY2026, driven by increased trading volume and revenue growth. Revenue for the period rose 41.8% to S$481.1 million, up from S$339.1 million in the same period last year. Commission and trading income climbed 51.6% to S$313.2 million, while interest income grew 19.9% to S$137.3 million and other operating income increased 69.6% to S$30.6 million.
Expenses also expanded, with commission expenses up 33.5% to S$68.8 million and staff costs rising 40.6% to S$142.9 million. Net asset value per share was S$2.385 as of end-June 2026. The company expects supportive market conditions over the next 12 months, but cautions that volatility may persist due to uncertainties around US interest rates, AI investments, and geopolitical factors.
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