Alliance Bank posts higher 2Q24 net profit


The bank's revenue rose to RM1.15bil versus RM994.36mil previously.

KUALA LUMPUR: Alliance Bank Malaysia Bhd has posted a higher net profit of RM189.9mil in the second quarter ended Sept 30, 2024 (2Q24) compared to RM185.33mil in the same period last year.

In a filing with Bursa Malaysia yesterday, it said revenue improved to RM605.65mil from RM528.10mil.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read