MBSB Q2 earnings up 76.3% to RM165m


KUALA LUMPUR: Malaysian Building Society Bhd's (MBSB) earnings rose 76.3% to RM165.15mil in the second quarter ended June 30, 2013 from RM93.65mil a year ago, mainly due to the increase in net income from Islamic banking operations.

It said on Wednesday the strong results also saw the group's net return on equity improve to 38.0% as at June 30, 2013 from 37.6% as at March 31, 2013 respectively.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Sapura Energy gets contracts worth US$1.8bil
Awantec to bank on synergistic offerings
Semiconductor industry offers chance for growth
FBM KLCI’s bullish momentum
OCK in Laos tower leasing agreement
Ministry and Mida ink human development deal
Pelaburan Hartanah confident of achieving its target
Siab raising funds to acquire Taghill
Shell committed to Malaysia mobility ops
Pekat unit in talks for stake in power solutions firm

Others Also Read