On August 27, $RHBBANK (1066.MY)$ released FY24Q2 results. The form shows the current quarter:
Revenue reached RM 4.42 billion, was up 9.1% (YoY);
Net income attributable to shareholders was RM 722.31 million, down 10.7% (YoY);
EPS of 16.71 sen;
DPS of 15 sen
The group said the significant increase was driven by robust performance across most business segments, with strong contributions from both net interest income and non-interest income.
The group achieved a net profit of RM1.45 billion down slightly from RM1.57 billion registerd the first half of last year, return on equity ("ROE") improved to 9.6%. Additionally, RHB saw its cost-to-income ratio improving to 46.3%, reflecting effective cost management.
Source: Announcement; Business Today
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