{"id":48949,"date":"2021-08-02T10:32:19","date_gmt":"2021-08-02T06:32:19","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=48949"},"modified":"2021-08-02T10:32:25","modified_gmt":"2021-08-02T06:32:25","slug":"hsbcs-pre-tax-profit-more-than-doubled-to-10-8-billion-in-the-first-half-of-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/hsbcs-pre-tax-profit-more-than-doubled-to-10-8-billion-in-the-first-half-of-2021\/08\/02\/market-updates\/","title":{"rendered":"HSBC&#8217;s pre-tax profit more than doubled to $10.8 billion in the first half of 2021"},"content":{"rendered":"\n<p>HSBC&#8217;s profit, before tax, jumped to $10.8 billion in the first half of 2021, topping analysts&#8217; estimates of $9.45 billion.<\/p>\n\n\n\n<p>While the bank&#8217;s revenues decreased in the same period by 4% to $25.6 billion, compared to the same period last year.<\/p>\n\n\n\n<p>Analysts had expected the bank to announce a big jump in half-year profits, due to the global economic recovery and lower provisions for potential bad loans.<\/p>\n\n\n\n<p>Revenue was expected to decline 4.6% year-on-year to $25.52 billion.<\/p>\n\n\n\n<p>It is noteworthy that HSBC&#8217;s profits in the first quarter of the year rose by 79% in last April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HSBC&#8217;s profit, before tax, jumped to $10.8 billion in the first half of 2021, topping analysts&#8217; estimates of $9.45 billion. While the bank&#8217;s revenues decreased in the same period by 4% to $25.6 billion, compared to the same period last year. Analysts had expected the bank to announce a big jump in half-year profits, due &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7208,7411],"class_list":["post-48949","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-bank","tag-hsbc"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=48949"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48949\/revisions"}],"predecessor-version":[{"id":48950,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/48949\/revisions\/48950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44195"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=48949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=48949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=48949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}