HSBC Bank Malaysia Bhd has reported a profit before tax and zakat of RM448.7mil for the financial year ended Dec 31, 2002, down slightly from RM482.8mil a year earlier owing to a rise in loan loss allowance to RM69.3mil from RM28.2mil previously.
Profit attributable to shareholders last year was RM318.7mil versus RM394.7mil in 2001.
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