| Flash Maybank 2Q earnings up 15.2% to RM1.296b |
| Business & Markets 2012 | |||
| Written by Joseph Chin of theedgemalaysia.com | |||
| Thursday, 23 February 2012 13:08 | |||
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KUALA LUMPUR (Feb 23): MALAYAN BANKING BHD []’s earnings rose 15.2% to RM1.296 billion in the second quarter ended Dec 31, 2011 from RM1.125 billion a year ago. It said on Thursday that revenue increased by 31.2% to RM6.810 billion from RM5.188 billion. Earnings per share were 17.22 sen compared with 15.72 sen. “The board of directors had proposed a final dividend in respect of the 6 months financial period ended Dec 31, 2011 of 36 sen less 25% taxation for the shareholders’ approval,” it said. For the six-months period, its net profit increased by 19.9% to RM2.583 billion from RM2.153 billion in the previous corresponding period. Its revenue rose 26.4% to RM12.884 billion from RM10.19 billion.
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