HSBC pre-tax profits more than double to $5.4 billion in Q3 - growmudra

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HSBC pre-tax profits more than double to $5.4 billion in Q3

25 Oct , 2021 By : monika singh

HSBC pre-tax profits more than double to $5.4 billion in Q3

HSBC's pre-tax profit more than doubled on-year in the third quarter, the firm said Monday, as chief executive Noel Quinn declared "the lows of recent quarters are behind us".

In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to $5.4 billion while profit after tax came in at $4.2 billion, up from $2.2 billion.

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