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Results: Bank Pembangunan 2011 profit up
by hlk Mon 23 Apr 2012, 20:14
Bank Pembangunan Malaysia Bhd) pre-tax profit rose 23 per cent year-on-year (y-o-y) to RM618 million for the financial year ended Dec 31, 2011.
Its net profit increased 20 per cent y-o-y to RM462 million, said BPMB in a statement today.
"This was attributable to higher income from loans and advances on the back of a six per cent gross loan growth, largely contributed by loan disbursement to infrastructure projects totalling RM2.9 billion," it said. - Bernama
Its net profit increased 20 per cent y-o-y to RM462 million, said BPMB in a statement today.
"This was attributable to higher income from loans and advances on the back of a six per cent gross loan growth, largely contributed by loan disbursement to infrastructure projects totalling RM2.9 billion," it said. - Bernama
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