Maybank’s Q3 net profit slips to RM1.95b, declares 13.5 sen interim dividend | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KUALA LUMPUR, Nov 27 — Malayan Banking Bhd’s (Maybank) net profit for the third quarter ended September 30, 2020, came in at RM1.95 billion compared with RM2.0 billion in the same quarter last year. South-east Asia’s fourth largest bank by assets said the lower net operating income was mainly...

Friday, 27 Nov 2020 04:19 PM MYT

Revenue was also lower at RM13.76 billion from RM13.83 billion previously, it said in a filing with Bursa Malaysia today. Maybank said its board of directors had declared an interim dividend of 13.5 sen per share for the nine-month period ended September 30, 2020, which will be made under the bank’s dividend reinvestment plan .

Meanwhile, group president and chief executive officer Datuk Abdul Farid Alias said Maybank’s focus moving forward would be to leverage its risk management capabilities, diversified operations and digital strengths to drive its business in the coming year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.