SDB reduces annual loss to RM86mil, targets profit in FY2025

By REBECCA CHONG

Sabah & Sarawak
Tuesday, 01 Jul 2025
8:15 PM MYT

KOTA KINABALU: Sabah Development Bank Berhad (SDB) has significantly reduced its annual pretax loss to RM86mil, down from RM878mil the previous year.

In a statement on Tuesday (July 1), the bank reported a net loss for the financial year ending 2024 of RM82mil, marking a substantial improvement from RM684mil previously.

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Tags / Keywords: Sabah Development Bank , Annual Loss , Profit Forecast , Financial Recovery , Non-performing Loans , Capital Ratio , RAM Ratings , Infrastructure Projects , Investor Confidence , Legal Recovery

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