KUALA LUMPUR: Malaysia Building Society Bhd
(MBSB) has reported a lower net income of RM34.84mil for its first quarter ended March 31, 2016 compared with RM124.31mil a year ago on the back of higher allowances for impairments.
The financial services group’s revenue for the quarter amounted to RM812.63mil, an increase from RM690.6mil in the previous corresponding quarter.
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