KUALA LUMPUR: PT Bank Maybank Indonesia Tbk (Maybank Indonesia) recorded a lower pre-tax profit of 501 billion rupiah (RM142.57mil) in the first quarter ended March 31,2021, a decline of 31.8% against the same period last year.
Profit after tax and minority interest fell to 381 billion rupiah (RM108.4mil) during the quarter under review from 538 billion rupiah (RM153.1mil) previously but rose 127.6% compared with the fourth quarter 2020, as the bank capitalised on selective opportunities in an improving market through its digital banking services.
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