You have searched for "investment income"
Showing 51-60 of 790
KUALA LUMPUR: CGS-CIMB Equities Research retained its Add call on Public Bank as it believes the bank is the most defensive among the local banks against the risks of a spike in loan loss provisions (LLP) in 2H20.
KUALA LUMPUR: Public Bank Bhd reported a net profit of RM1bil in the second quarter, down by 24.8% from RM1.33bil a year ago due to a one-off net modification loss of RM498.4mil related to Covid-19 relief measures.
THE second quarter earnings season holds no major surprises for corporate Malaysia. With the economy grouded to a halt due to the movement control order, most businesses were already anticipated to be badly hit operationally and financially. However, glove makers are clearly an exception.
KUALA LUMPUR: RHB Bank Bhd's net profit fell by 34.9% to RM400.77mil in the second quarter ended June 30, 2020 mainly due to the one-off net modification loss of RM392.4mil.
KUALA LUMPUR: Hong Leong Bank Bhd posted a net profit of RM2.49bil in the financial year ended June 30, 2020, a 6.7% decline over the previous financial year, owing to headwinds experienced in the second half of the year.
KUALA LUMPUR: Public Bank Bhd reported net profit of RM1bil in the second quarter, down by 24.8% from RM1.33bil a year ago due to a mainly due to the one-off day one net modification loss related to Covid-19 relief measures of RM498.4mil.