Share
KUALA LUMPUR (May 25): Malaysia Building Society Bhd shares rose 2.36% at mid-morning today after its net profit in the first quarter ended March 31 (1QFY17) nearly tripled to RM101.32 million from RM34.84 million a year ago, thanks to higher gross loans and lower cost of funds.
At 9.57am, MBSB rose 3 sen to RM1.30 with 4.32 million shares done.
Revenue saw 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. — theedgemarkets.com
For more stories, download TheEdgeProperty.com pullout here for free.
TOP PICKS BY EDGEPROP
Royal Strand @ Country Garden Danga Bay
Johor Bahru, Johor
Taman Perindustrian Air Hitam Phase 1
Klang, Selangor
Taman Wawasan, Pusat Bandar Puchong
Puchong, Selangor
Taman Wawasan, Pusat Bandar Puchong
Puchong, Selangor
Taman Wawasan, Pusat Bandar Puchong
Puchong, Selangor
Taman Wawasan, Pusat Bandar Puchong
Puchong, Selangor
