Q3 2022 Standard Chartered PLC Earnings Call Transcript

Oct 26, 2022 / 07:00AM GMT
Operator

Welcome to the Standard Chartered Plc's Third Quarter 2022 Results. Today's presentation is being hosted by Bill Winters, Group Chief Executive; and Andy Halford, Group Chief Financial Officer. Once the opening remarks are finished, there will be an opportunity for questions and answers. (Operator Instructions).

At this point, I would like to hand over to Bill to begin.

William Thomas Winters - Standard Chartered PLC - Group Chief Executive & Director

Good morning, and good afternoon, everyone, and thank you for joining us for today's third quarter results presentation. I'll be giving you a few introductory remarks, and then Andy will take us through the results in more detail, and we'll then both be available for Q&A as usual.

We posted strong results for the third quarter. Again, so it's been another volatile and challenging 3 months for the global economy and for our markets. Our profit before tax grew 35% year-on-year, the strong business momentum driving an impressive 22% top line growth on a normalized basis. The financial

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