Stock Track | UOB Kay Hian Soars 3.62% on Stellar 66% First-Half Profit Surge
Stock Track
Aug 11
UOB Kay Hian’s stock surged 3.62% during the Tuesday trading session, as investors reacted to the brokerage's impressive first-half financial results.
The company reported a 66 per cent jump in net profit to S$164.7 million for the first half of FY2026, driven by higher trading volume and robust revenue growth. Revenue rose 41.8 per cent to S$481.1 million, while interest income grew 19.9 per cent to S$137.3 million. Earnings per share for the period stood at S$0.1686.
The strong performance underscores the brokerage's ability to capitalize on increased market activity, leading to a sharp upward movement in its share price as trading commenced.
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