MBSB second quarter net profit slips to RM85.7mil


Group president and chief executive officer Datuk Seri Ahmad Zaini Othman said the company's gross loans and financing recorded a year-to-date growth of 4.1%, or RM1.41bil, to RM35.61bil.

KUALA LUMPUR: Malaysia Building Society Bhd's (MBSB) net profit for the second quarter ended June 30, 2018, slid to RM85.68mil from RM91.08mil recorded in the same period last year.

Revenue fell to RM794.14mil from RM813.41mil previously, contributed by lower income from financing activities due to cessation of conventional businesses since the first quarter of this year, it said in a filing to Bursa Malaysia today.

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MBSB , Ahmad Zaini Othman

   

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