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Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend

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Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend Empty Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend

Post by Cals Fri 28 Feb 2014, 01:32

Update Maybank 4Q net profit rises 18.6% y-o-y to RM1.73b, pays 31 sen dividend
Business & Markets 2014
Written by Chong Jin Hun of theedgemalaysia.com   
Thursday, 27 February 2014 13:20

KUALA LUMPUR (Feb 27): Malayan Banking Bhd's (Maybank) net profit rose 18.6% to RM1.73 billion in the fourth quarter ended December 31, 2013 from RM1.46 billion a year earlier.

In a statement to the exchange today, Maybank said revenue climbed to RM8.27 billion from RM7.8 billion.

Cumulative full-year net profit increased to RM6.55 billion from RM5.75 billion a year earlier. Revenue was higher at RM33.25 billion versus RM31.23 billion.

Maybank plans to pay a dividend of 31 sen a share for the quarter-in -review. This brings full-year dividends to 53.5 sen a share.
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