AmBank posts higher 1Q net profit at RM500mil

The group’s revenue remained on a par with the year-ago performance at RM1.18bil as compared to RM1.2bil.

KUALA LUMPUR: AMMB Holdings Bhd (AmBank) remains optimistic about its prospects for its financial year 2025 (FY25) after having observed the positive economic momentum across all sectors in 2024.

The banking group has announced a strong start to its new financial year with a higher net profit of RM500.2mil in the first quarter of FY25 (1Q25), as compared to RM378.37mil in the year-ago quarter.