UBS reports $1.4 billion net profit attributable to shareholders in Q3


ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll.
ZURICH (Reuters) – UBS Group on Wednesday reported a net profit of $1.4 billion attributable to shareholders in the third quarter, which compared with the $740 million forecast by analysts in a company-provided poll.
(Reporting by Dave Graham, editing by Rachel More)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
Shareholder equity represents the owners' claim after all liabilities have been settled. It is calculated as total assets minus total liabilities and is an important measure of a company's financial stability.
A financial report is a formal record of the financial activities and position of a business, person, or entity. It includes balance sheets, income statements, and cash flow statements.
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