Pick from thestar.com.my
PETALING JAYA: Malayan Banking Bhd (Maybank) reported a net profit of RM1.03bil for its third quarter ended March 31,compared to RM503.3mil recorded in the same period a year earlier after all of its business segments recorded growth.
Revenue for the period stood at RM4.59bil against RM4.27bil a year ago.
Maybank in a statement said its core commercial banking operations were expected to continue the good performance moving forward.
The investment banking and insurance divisions are expected to advance further on the back of better capital market activity and improved internal capability and capacity, it said.
Share is closed at MYR7.76.
