Maybank posts net profit of RM1.68bil in Q3

KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a net profit of RM1.68bil in the third quarter ended Sept 30, 2021, a 13.71% decline from RM1.95bil in the previous corresponding quarter due to a reduction in fee-based income and higher impairment losses.

Consequently, earnings per share in Q3FY21 was down to 14.41 sen from 17.37 sen a year earlier.