Higher profit for Public Bank


High returns: With the improved profitability, Public Bank group achieved a net return on equity of 15.3.

PETALING JAYA: Public Bank Bhd, which saw its net profit rise 6% to RM1.33bil in the second quarter ended June 30, has declared an interim dividend of 27 sen amounting to a payout of RM1.04bil.

The bank’s revenue in the second quarter rose 3.75% to RM5.17bil against RM4.98bil a year ago. Its earnings per share for the period rose to 34.49 sen per share from 32.53 sen per share a year ago.

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