Kuala Lumpur (ANTARA News/Asia Pulse) - Malayan Banking Bhd (Maybank) (KLSE:1155), Malaysia's largest lender, Tuesday posted a 38.8 per cent jump in interim pre-tax profit to RM2.556 billion (US$746.5 million) from RM1.842 billion a year ago on improved performance across most business sectors.

Its net profit for the six months ended 31 Dec 2009 climbed 43.5 per cent to RM1.875 billion from RM1.306 for the same period in the previous year. Revenue soared 35.5 per cent to RM6.408 billion from RM4.729 billion previously.

"The robust performance was achieved on the back of significantly improved results across almost all business sectors," Maybank president and chief executive officer, Datuk Seri Abdul Wahid Omar said.


Source:
Business in Asia Today - Feb.10, 2010
published by Asia Pulse

Editor: Ricka
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