PETALING JAYA: Financial institution Malaysia Building Society Bhd
(MBSB) made a net profit of RM166.14mil or 13.08 sen per share in the first quarter ended March 31 compared with RM79.41mil or 6.53 sen per share a year ago, underpinned by its Islamic banking operations and lower impairment losses.
The increase was partially set off by higher operating expenses resulting from improved business volume.
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