October 26, 2023 2:32 PMThe bank's pre-tax profit fell by a third, much worse than analysts had expected. : HONG KONG/LONDON - Standard Chartered (StanChart) on Thursday said third-quarter pre-tax profit fell by a third, much worse than analysts had expected, as it took a nearly US$1 billion (S$1.37 billion) hit from its exposure to China’s real estate and banking sectors. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for the third quarter of this year fell to US$633 million.