KUALA LUMPUR: AMMB HOLDINGS BHD []'s share price rose on Wednesday, Aug 18 after it reported a 42.6% jump in its 1Q net profit to RM368.28 million from RM258.24 million a year ago, underpinned by higher revenues and lower allowances, and good loans and CASA (current account saving account) growth.
At 9.18am, the stock added three sen to RM5.46 with 494,000 shares done.
Revenue for the quarter rose to RM1.7 billion from RM1.57 billion a year ago, while earnings per share improved to 12.24 sen from 9.48 sen.
At 9.18am, the stock added three sen to RM5.46 with 494,000 shares done.
Revenue for the quarter rose to RM1.7 billion from RM1.57 billion a year ago, while earnings per share improved to 12.24 sen from 9.48 sen.
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