RHB posts improved 1Q net profit of RM650.3mil


KUALA LUMPUR: RHB Bank Bhd recorded a net profit of RM650.3mil n the first quarter ended March 31, 2021, which was a 13.9% increase over RM570.9mil in the same quarter last year, mainly owing to higher net fund based and non-fund based income.

Revenue for the quarter was RM2.91bil, 9.6% lower than RM3.21bil in the comparative quarter. Earnings per share rose to 16.22 sen versus 14.24 sen a year earlier.

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RHB Bank , Khairussaleh Ramli

   

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