Maybank net profit at RM1.6bil


PETALING JAYA: Malayan Banking Bhd’s (Maybank) net profit for its third quarter ended Sept 30, 2014 slipped 7.9% to RM1.61bil from RM1.75bil in the previous corresponding period, mainly due to losses incurred from its insurance and takaful businesses.

In a filing with Bursa Malaysia, it said revenue stood at RM8.93bil compared with RM8.28bil a year earlier. Earnings per share, meanwhile, was at 17.62 sen versus 20.05 sen previously.

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Business , Maybank , net profit , third quarter

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