AmBank net profit for third quarter increases to RM382mil


AmBank Group CEO Datuk Sulaiman Mohd Tahir(pic) said: “The banking group has once again managed to outpace the macroeconomic and geopolitical headwinds plaguing the sector."

PETALING JAYA: AMMB Holdings Bhd (AmBank Group) registered a 9.2% year-on-year increase in net profit to RM382.15mil for the third quarter of the financial year ending March 31,2020 (FY20).

The bank’s net profit for the first nine months of FY20 rose 4.5% to RM1.09bil, as compared to the corresponding period last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Not so hot for petrochem
Bumps in Perodua’s EV march
TMK Chemical resolute in meeting targets
Top-tier mix for Topmix
Unlocking abandoned projects�
PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
URA: Why it deserves support
Flooring to beat Malaysia’s heat

Others Also Read