Maybank net profit up 19%


According to notes by Maybank group president and CEO Datuk Abdul Farid Alias(inset pic) in the annual report, the bank

 PETALING JAYA: Malayan Banking Bhd (Maybank) made a net profit of RM1.7bil or 16.73 sen per share for its first quarter ended March 31, up 19% from the net profit RM1.43bil or 14.64 sen per share recorded in the same quarter a year earlier.

This was achieved on higher income and lower provisions for bad loans.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , maybank , net profit , stocks , shares , earnings ,

   

Next In Business News

Capital A submits regularisation plan to exit PN17 status
TM and Perodua tie up to drive Malaysia's automotive transformation under NIMP 2030
Powerwell wins RM27mil supply contract
FBM KLCI gains ground; ringgit rebounds
Oil gains as cooling US inflation points to possible easing
CIMB and Gentari ink MoU to drive green mobility and value chain decarbonisation
AmInvest declares income distribution of RM142.8mil
S P Setia's commercial offerings in Semenyih see strong demand and full take-ups.
Honda, Nissan aim to close merger talks in June 2025, source says
Asia shares, risk assets cheer US inflation relief

Others Also Read