"We expect our performance in the financial year ending Dec 31,2021 (FY2021) to be better than FY2020 despite the ongoing headwind, ” said RHB group managing director Datuk Khairussaleh Ramli.
KUALA LUMPUR: RHB Bank Bhd recorded a net profit of RM650.3mil in the first quarter ended March 31, which was a 13.9% increase compared with RM570.9mil in the same quarter last year, mainly due 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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