KUALA LUMPUR: CIMB Equities Research said the economic slowdown did not stop Maybank from notching up strong net profit and loan growth in Q1, 2012.
“The Q1 results met our expectations, at 25% of our full-year forecast, but were slightly ahead of consensus, at 27%,” it said on Friday. It has a target price of RM11.10 for Maybank.
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