Q2 2025 DBS Group Holdings Ltd Media Briefing Transcript
Okay. Good morning, everyone, and welcome to DBS' second quarter 2025 financial results briefing. This morning, we announced second quarter profit before tax rose 5% to $3.39 billion. Net profit was up 1% at $2.82 billion. And for the first half, both total income and profit before tax were at new highs.
So with us today, we have our CEO, Tan Su Shan; and our CFO, Chng Sok Hui. Without further ado, Sok Hui, please.
Good morning, everyone. We delivered a strong set of results this quarter despite a very challenging environment. Uncertainty around US trade policy weighed on customer sentiment. Interest rates in Singapore and Hong Kong fell sharply, while currency fluctuations led to adverse translation effects. Amid these headwinds, pretax profit rose 5% from a year ago to $3.39 billion.
Net profit was 1% higher at $2.82 billion, even with the impact of the global minimum tax. Total
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