Thursday 23 February 2012

Flash: Maybank 2Q earnings up 15.2% to RM1.296b

KUALA LUMPUR (Feb 23): MALAYAN BANKING BHD []’s earnings rose 15.2% to RM1.296 billion in the second quarter ended Dec 31, 2011 from RM1.125 billion a year ago.

It said on Thursday that revenue increased by 31.2% to RM6.810 billion from RM5.188 billion. Earnings per share were 17.22 sen compared with 15.72 sen.

“The board of directors had proposed a final dividend in respect of the 6 months financial period ended Dec 31, 2011 of 36 sen less 25% taxation for the shareholders’ approval,” it said.

For the six-months period, its net profit increased by 19.9% to RM2.583 billion from RM2.153 billion in the previous corresponding period. Its revenue rose 26.4% to RM12.884 billion from RM10.19 billion.



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