KUALA LUMPUR: RHB Bank
Bhd has recorded improvements in total income and operating profit for the first quarter of 2024 (1Q24), but has been negatively impacted by higher operating costs and expected credit losses (ECL).
In 1Q24, the bank posted a net profit of RM730.17mil, which was lower than RM761.67mil in the year-ago quarter, which translates to an earnings per share of 17.03 sen compared to 17.93 sen in the comparative quarter.
