1QFY10 net profit rises 16.3% yoy. Public Bank’s 1QFY10 results were within our and consensus expectations with 1Q10 net profit of RM685.3m (+1% qoq; +16.3% yoy) making up 23.7-23.9% of our and consensus fullyear estimates. As expected, no dividend was declared.
Public Bank Berhad : Starting Off On Strong Footing - 16/04/2010
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