Public Bank records 1Q net profit of RM1.53bil


KUALA LUMPUR: Public Bank Bhd posted a net profit of RM1.53bil in the first quarter ended March 31,2021, which was 15.12% higher than RM1.33bil in the previous corresponding quarter, on the back of further expansion of its loans and deposits businesses as well as fee-based revenue growth.

Revenue in the quarter was RM5.03bil or 8.79% lower year-on-year (y-o-y) from RM5.52bil in the comparative quarter. Earnings per share rose to 7.88 sen versus 6.85 sen a year earlier.

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Public Bank , Teh Hong Piow

   

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