PETALING JAYA: AMMB Holdings Bhd (AmBank Group) has recorded a 12.6% year-on-year (y-o-y) jump in net profit for the first quarter ended June 30, despite a lower net income from its insurance business and higher total operating expenses.
The sixth-largest banking group by assets told Bursa Malaysia yesterday that its bottom line in the April-June 2019 period had risen to RM391.46mil from RM347.59mil a year earlier.
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