Public Bank Q3 earnings rise 13.8% to RM1.191bil


Public Bank chairman, Tan Sri Teh Hong Piow, says the Public Bank Group continues to deliver the best in return on equity, cost efficiency and asset quality when compared to its Malaysian banking peers.

KUALA LUMPUR: Public Bank Bhd saw its earnings in the third quarter ended Sept 30, 2014 rise 13.8% year-on-year to RM1.191bil from RM1.047bil, in tandem with an 11.7% improvement in revenue to RM4.324bil from RM3.869bil.

Earnings per share for the quarter rose to 31.88 sen from 29.9 sen in the corresponding period a year earlier.

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