KUALA LUMPUR: AMMB Holdings Bhd
, which will have a new managing director soon, has announced a net profit of RM382.52mil in the second quarter ended Sept 30 on the back of RM2.088bil revenue.
While it was a slight dip compared with the RM445.82mil reported in the corresponding quarter a year ago, the group had made a series of writebacks from its original loan loss impairments, suggesting that the risk of an increase in non-performing loans (NPL) has decreased.
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