KUALA LUMPUR: AMMB Holdings Bhd
(Ambank) swung to the black in its financial year ended March 31, 2022, with a net profit of RM1.5bil as compared with a net loss of RM3.83bil in the previous year.
For another comparison, the financial services group's negative performance in the previous year was owing to one-off exceptional items, which if excluded, resulted in a core profit of RM962mil.
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