Wednesday, 19 August 2015

AMMB Q1 earnings at RM339m

AMMB Holdings Bhd posted earnings of RM339.51mil in the first quarter ended June 30, 2015.

It said on Wednesday the earnings were lower compared with the RM536.94mil a year ago when there was a one-off divestment gain then.

“Excluding one-off divestment gains in Q1FY2015, profit after tax and non-controlling interests increased by 3.1% to RM339.5mil driven by lower provisions and operating expenses,” it said.

Revenue fell to RM2.109bil from RM2.583bil a year ago. Earnings per share were 11.31 sen compared with 17.86 sen.

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