Public Bank posts record RM1b profit


  • Business
  • Thursday, 12 Feb 2004

Public Bank Bhd has posted a record net profit of slightly more than RM1bil for its financial year ended Dec 31, 2003, on strong growth in loans to small- and medium-sized enterprises (SMEs) and consumers. 

Earnings per share for the year rose to 16.5 sen from 13.3 sen in 2002, while revenue increased to RM4.32bil from RM4.05bil. 

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