Thursday, 30 July 2015

Public Bank posts strong Q2 earnings, dividend 24 sen

Public Bank Bhd posted a strong financial performance in the second quarter ended June 30, 2015 with earnings up 13.3% to RM1.196bil from RM1.055bil a year ago.

The bank said on Thursday its revenue increased to RM4.737bil from RM4.059bil. Earnings per share were 30.99 sen compared with 30.16 sen.

It rewarded shareholders with a dividend of 24 sen a share, slightly higher than the 23 sen a year ago.

In the first half, its earnings rose 14.2% to RM2.368bil from RM2.073bil in the previous corresponding period. Revenue rose to RM9.338bil from RM8bil.

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