MBSB swings back to profit in Q4


MBSB president and CEO Datuk Ahmad Zaini Othman.SAMUEL ONG / THE STAR, 5TH DECEMBER 2016

PETALING JAYA: Malaysia Building Society Bhd (MBSB) reported a net profit of RM45.64mil for its fourth quarter ended Dec 31, 2016 (Q4’16), thanks to higher financing income from the corporate segment.

This was a considerable improvement over the corresponding period a year ago when it reported a RM15.8mil net loss. MBSB’s revenue for Q4’16 and Q4’15 was at RM819.4mil and RM825.69mil, respectively.

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Business , mbsb , finance , earnings

   

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