Its profit before tax (PBT) rose 8.8% to RM7.81bil from RM7.17bil a year earlier, supported by higher net fund based income, disciplined cost management as well as a continued decline in impairments. Net operating income rose up 0.8% to RM17.33bil from a year ago. Income growth increased by 4% versus overheads growth on-year. Highlights of Q3, FY18However, its Q3 net profit dipped by 3.4% to RM1.966bil from RM2.027bil a year ago. Maybank said this was due to a 3.3% decline in net operating income as a result of continued global market volatilities which dampened economic growth and demand in key segments.

Source: thestar November 29, 2018 05:49 UTC