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$RHBBANK(1066.MY$
Performance Overview: Revenue Growth, Net Profit Decline YoY
RHB Bank Berhad has released its financial results for the first quarter of 2024, highlighting both positive growth and some challenges. The bank's total income increased by 9.5% year-over-year (YoY) and 3.2% quarter-over-quarter (QoQ), reaching MYR 2.09 billion. This growth was primarily driven by higher net fund income and n...
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**Fundamental Performance:**
The Malaysian banking sector is demonstrating resilience and moderate growth potential for 2024. Here are some key indicators:
1. **Non-Performing Loans (NPLs)**: The banks have effectively managed their asset quality, with NPLs expected to peak lower than previously anticipated. This control over bad loans supports financial stability and investor confidence.
2. **Credit Costs**: Average cre...
The Malaysian banking sector is demonstrating resilience and moderate growth potential for 2024. Here are some key indicators:
1. **Non-Performing Loans (NPLs)**: The banks have effectively managed their asset quality, with NPLs expected to peak lower than previously anticipated. This control over bad loans supports financial stability and investor confidence.
2. **Credit Costs**: Average cre...
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$YTLPOWR(6742.MY$ The stock price suddenly turned red today, you guys will
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$YTLPOWR(6742.MY$ dont catch the falling knife.
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$YTLPOWR(6742.MY$ It fell below 4.8
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$YTLPOWR(6742.MY$ Wow today red red
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103418443 : Trash stock