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Public Bank 2Q net profit up 6%, proposes 27 sen dividend

Mimi Sabreena 2:08:00 PM Informasi

KUALA LUMPUR (July 25): Public Bank Bhd’s net profit for the second quarter ended June 30, 2017 (2QFY17) increased 6% to RM1.33 billion, from RM1.26 billion in the previous year, mainly supported by higher net interest income, lower loan impairment allowance and higher net fee and commission income.

Revenue increased 3.75% to RM5.17 billion, from RM4.98 billion a year ago.

The group proposed a first interim dividend of 27 sen per share, payable on Aug 17.

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