Standard Chartered PLC (HKSE:02888)
HK$ 96.2 0.25 (0.26%) Market Cap: 234.13 Bil Enterprise Value: 321.06 Bil PE Ratio: 8.40 PB Ratio: 0.61 GF Score: 66/100

Half Year 2023 Standard Chartered PLC Earnings Call Transcript

Jul 28, 2023 / 07:00AM GMT
Release Date Price: HK$74.5 (+3.91%)
William Thomas Winters
Standard Chartered PLC - Group Chief Executive & Director

Good morning and good afternoon, everyone, and welcome to our Half Year 2023 Results Call. We're very happy to present another strong set of results, further building confidence that our differentiated market presence can deliver strong returns to our shareholders and other stakeholders.

First up, Andy will take you through the numbers, and then I'll cover progress on our strategic agenda before we join back up again for the usual Q&A session.

So, Andy, over to you.

Andrew Nigel Halford
Standard Chartered PLC - Group CFO & Executive Director

Thanks, Bill. Good morning and good afternoon to everybody joining the call. So let's get straight into the numbers and look at the second quarter during which we delivered a very strong performance.

The second quarter was our eighth successive quarter of top line growth, with total income of $4.6 billion, up 24% year-on-year on a constant currency basis. We delivered margin expansion in deposits and

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