KUALA LUMPUR: CIMB Equities Research expects a rebound in Alliance Financial Group’s (AFG) earnings in the first quarter ending June 30, 2015 (1QFY16) on a quarter-on-quarter basis.
However, it said the on-year growth would be tepid, negatively affected by slower loan growth and pressures on margins. Even the management guides for a challenging 1QFY16, it said on Thursday.
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