Feb 26, 2019 / 08:00AM GMT
Andrew Nigel Halford - Standard Chartered PLC - Group CFO & Director
All right. So good morning to everybody, and good afternoon to those who are joining from overseas.
And we're going to split this into 2 sessions or 2 parts: first one, looking at 2018 and results for that year, which I'll do now. And then I'll hand over to Bill, who will pick up on the strategy for the next 3 years.
So with that, we'll eventually get to some numbers. So just a key sort of summary, and I've got more detail on several of the line items here.
So to go through this at a high level. Overall income for the year up 5%. Costs increased 2%, so slightly lower costs in the second half than the first half and [opening up] JAWS. The credit impairment charge is a little bit higher in the fourth quarter but only a little bit and overall nearly halved on previous year. And you will recall the previous year nearly halved on the year before that, so continuing very strong progress on the impairment side. Other impairment includes some charges relating to the ship leasing business, which is part of the
Full Year 2018 Standard Chartered PLC Earnings and Investor Update Call Transcript
Feb 26, 2019
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers