Revenue for the period was 8.1% higher at RM830.25mil from RM768.03mil, the previous year, due to higher income from investments in liquid assets and higher financing income from corporate segment. This translated to basic earnings per share (EPS) was 1.18 sen from 2.24 sen.
THE new year has seen a resurgence in financial stocks with Malaysia Building Society Bhd
(MBSB) a clear leader among its peers.
This is because apart from a considerable improvement in sentiment towards the sector, the financial house represents one of the cheapest entry points from both valuation as well as price perspectives, say analysts.
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