KUALA LUMPUR: UOB Kay Hian Malaysia Research described Malayan Banking's (Maybank) results to be fairly satisfactory as the group managed to deliver a 3.4% earnings growth despite the high base effect of 2013's robust earnings base amid a challenging environment.
It said on Friday Maybank reported net profit of RM1.575bil (- 1.6% on-quarter, up 0.5% on-year) for 2Q14 and a 3.4% on-year growth for 1H14.
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