Malayan Banking Bhd has posted RM3.563 billion in higher pre-tax profit in the first six months ended Dec 31, 2011 against RM2.966 billion in the same period in 2010. Revenue rose to RM12.884 billion from RM10.190 billion.
For the three-month period, the largest lender's pre-tax profit stood at RM1.803 billion, up from RM1.562 billion. Turnover increased to RM6.180 billion from RM5.188 billion.
The country's largest commercial bank had on July 11, 2011 announced the change of financial year to Dec 31 from June 30. The first new financial year will be on Dec 31, 2011 with a shorter six-month period from July 1, 2011 to Dec 31, 2011. -- Bernama
For the three-month period, the largest lender's pre-tax profit stood at RM1.803 billion, up from RM1.562 billion. Turnover increased to RM6.180 billion from RM5.188 billion.
The country's largest commercial bank had on July 11, 2011 announced the change of financial year to Dec 31 from June 30. The first new financial year will be on Dec 31, 2011 with a shorter six-month period from July 1, 2011 to Dec 31, 2011. -- Bernama
