KUALA LUMPUR: RHB Bank’s Q2 FY19 net profit of RM615mil (+8% YoY, -2% QoQ) which took H1 FY19 net profit to RM1.24bil (+7% YoY) were above expectations at 53% of Maybank Investment Bank Research/consensus’ full-year forecasts.
It said on Tuesday the results were in line at the operating level and the primary variance was the credit cost, which was lower than expected.
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