AmBank Group chief executive officer, Datuk Sulaiman Mohd Tahir said Malaysia’s road to economic recovery continues to be bumpy with the recent resurgence in Covid-19 infections and the reimposition of movement restrictions impacting many businesses.
KUALA LUMPUR: AmBank Group started its new financial year with net profit of RM386.60mil, an increase of 5.9% from the RM365.16mil a year ago amid a bumpy road in the country’s economic recovery due to the Covid-19 pandemic.
It said on Monday its revenue was lower at RM2.09bil in the first quarter ended June 30, down by 5.3% from RM2.21bil a year ago. Earnings per share were 11.86 sen compared with 12.14 sen.
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