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KUALA LUMPUR: AMMB Holdings Bhd posted lower net profit of RM263.82mil in the third quarter ended Dec 31,2020 and RM866.31mil in the nine-month period due to allowance for impairments on loans, advances and financing.
KUALA LUMPUR: RHB Bank recorded an 18.1% decline in net profit to RM2.03bil in the financial year ended Dec 31, 2020, as compared to RM2.48bil in the previous year due to the net modification loss arising from the loan moratorium and higher expected credit losses.
KUALA LUMPUR: Kenanga Investment Bank Bhd has posted its highest ever full-year net profit, which almost quadrupled from the previous year.
KUALA LUMPUR: Malayan Banking Bhd posted net profit of RM6.48bil in the financial year ended Dec 31,2020 compared with RM8.20bil a year ago due to higher impairment losses due to the continued impact from the Covid-19 pandemic.
KUALA LUMPUR: Public Bank Bhd posted lower net profit of RM4.87bil in the financial year ended Dec 31,2020 due to one-off Day One net modification loss, negative effect of the reduction in the Overnight Policy Rate (OPR) and higher loan impairment allowance.
KUALA LUMPUR: Manulife Holdings Bhd posted net profit of RM23.41mil in the fourth quarter ended Dec 31,2020 boosted by net realised gains and net fair value gains from its equity investments.
KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (STMKB) posted net profit of RM362.42mil in the financial year ended Dec 31,2020, a dip of 1% compared with RM364.84mil in FY19.