Public Bank Bhd, the second-largest bank in the country in terms of market capitalisation, seemed to have set the tone for the sector after posting its highest ever quarterly net profit of RM1.53bil for the period ended March 31, a 15% jump y-o-y.
PETALING JAYA: The battle against the Covid-19 pandemic is still ongoing with no end in sight yet as Malaysia heads back into a strict movement control order (MCO 3.0), though not as restrictive as last year.
As most economic sectors remain open with strict standard operating procedures (SOPs) in place, one thing that is certain is the lows of the second quarter (Q2) of 2020 will not happen again.
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