KLSE (MYR): ABMB (2488)
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Last Price
4.40
Today's Change
-0.03 (0.68%)
Day's Change
4.37 - 4.43
Trading Volume
2,194,200
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techlee229
65 posts
Posted by techlee229 > 2019-11-28 13:25 | Report Abuse
Alliance Bank Malaysia Bhd expects its net profit to improve in the second half (H2) of its current financial year ending March 31, 2020 (FY20), compared with the first half, underpinned by reducing credit cost.
Group chief executive officer Joel Kornreich said higher credit cost dragged down the bank’s net profit during the second quarter ended Sept 30, 2019 (Q2).