KUALA LUMPUR: Malayan Banking Bhd posted record net profit of RM8.11bil in the financial year ended Dec 31, 2018 boosted mainly by higher loans growth, lower overhead costs as well as lower provisioning.
Tuesday, 26 Feb 2019 1:22 PM MYT Maybank group president and CEO Datuk Abdul Farid Alias said the group continued to benefit from its strong franchise in the region as well as its strong fundamentals.
Maybank, Southeast Asia’s fourth largest bank by assets, announced on Tuesday net profit rose by 7.9% from the RM7.52bil in FY17. Pre-tax profit increased by 8% to RM10.91bil from RM10.10bil a year ago.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More tourists heading to SabahKOTA KINABALU: Sabah last year received the highest tourism receipts in its history – at RM8.342bil – and a record-high 3.879 million arrivals.
Read more »
Sabah hits record-breaking tourism numbers | Malay MailKOTA KINABALU, Feb 19 — Sabah's tourism industry registered its highest-ever tourism receipts last year, booking RM8.342 billion from a record-high 3.879 million arrivals. Deputy Chief Minister Datuk Christina Liew said figures represented a 5.3 per cent increase in tourists and 6.6 per cent in...
Read more »
Hup Seng Industries records lower net profit for FY18 | Malay MailKUALA LUMPUR, Feb 19 — Hup Seng Industries Bhd recorded a lower net profit of RM42.96 million in the financial year ended Dec 31, 2018 (FY18) from RM44.45 million in the same period a year earlier. The group is an investment holding company, in which its subsidiaries engaged in the manufacturing...
Read more »