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Higher gross loans, lower cost of funds boost MBSB's 1Q earnings

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Higher gross loans, lower cost of funds boost MBSB's 1Q earnings - kawan-kawan Hallo JOHOR BAHARU NEWS, Dalam artikel yang anda baca kali ini dengan tajuk Higher gross loans, lower cost of funds boost MBSB's 1Q earnings, Kami sediakan artikel ini untuk anda membaca dan mendapatkan maklumat di dalamnya. Mudah-mudahan kandungan posting Artikel Berita, Artikel ekonomi, Artikel kesihatan, Artikel maklumat umum, Artikel politik, Artikel sukan, Kami menulis ini, anda boleh memahami. Baiklah, membaca baik.

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Higher gross loans, lower cost of funds boost MBSB's 1Q earnings

Higher gross loans, lower cost of funds boost MBSB's 1Q earnings

KUALA LUMPUR (May 24): Malaysia Building Society Bhd's (MBSB) net profit in the first quarter ended March 31, 2017 (1QFY17) nearly tripled to RM101.32 million from RM34.84 million a year ago, thanks to higher gross loans and lower cost of funds.

The non-bank financial institution's quarterly revenue came in nearly flat in 1QFY17, a marginal 0.17% drop to RM811.2 million from RM812.63 million a year ago, due mainly to lower financing income from retail segment and lower income from investments in liquid assets.

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