MBSB 1Q net profit up 8.1% to RM84.67mil, new opportunities from MIDF integration

KUALA LUMPUR: MBSB Bhd has posted a higher net profit of RM84.67 million in the first quarter ended March 31, 2025 (1Q FY2025), an 8.1 per cent increase against 1Q FY2024’s RM78.34 million, supported by higher net funded income and lower impairment provisions.

Revenue was 2.8 per cent lower at RM868.02 million from RM893.45 million previously, the group said in a Bursa Malaysia filing today.