RHB Bank records RM649.95mil net profit in 3Q

TheStar Mon, Nov 27, 2023 01:23pm - 2 years View Original


KUALA LUMPUR: RHB Bank Bhd fought back against headwinds in the third quarter of the year, but managed to uphold a firm financial performance with a slightly lower bottomline.

In the third quarter ended Sept 30, 2023, the banking group said net profit was RM649.95mil, down from RM695.41mil in the same quarter in 2022, representing a basic earnings per share of 15.16 sen as compared to 16.51 sen.

The group's revenue rose to RM4.22bil during the quarter under review from RM3.45bil in the previous corresponding quarter.

Over the nine months period, RHB recorded a net profit of RM2.22bil, which led the net profit of RM1.91bil in 9MFY22.

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