MBSB posts lower net profit in Q1 on higher expected credit losses

15 May 2019 - The Star Online
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) posted lower net profit of RM83.83mil in the first quarter ended March 31, 2019 due to higher expected credit losses (ECL). MBSB said on Wednesday the net profit slumped from RM316.79mil a year ago. Revenue declined by 3.8% to RM784.04mil from RM815.04mil ...
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MBSB FY18 net profit up 54% to RM642.4m

28 Feb 2019 - The Star Online
KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) reported 54% jump in its net profit for the financial year ended Dec 31, 2018 at RM642.20mil, underpinned due to lower impairment allowances and partly set off by higher operating expenses. It announced on Thursday the stronger earnings when compared ...
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MBSB shares rise 4% on back of third quarter earnings

14 Nov 2018 - The Star Online
KUALA LUMPUR: Shares of Malaysia Building Society Bhd (MBSB) rose over 4% in early trade Wednesday on the back of its third quarter earnings. The counter rose 4.12%, or four sen to RM1.11 with over 1.9 million shares traded. MBSB’s net profit for the third quarter ended Sept 30, 2018 (3QFY18) rose 21.07% ...
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Kenanga Research retains outperform for MBSB, lower target price

14 Nov 2018 - The Star Online
KUALA LUMPUR: Kenanga Research is retaining its outperform call for Malaysia Building Society Bhd (MBSB) but with a lower target price (TP) of RM1.25 from RM1.45. The last traded price was 97 sen. It said on Wednesday the 9M18 core earnings came in line, as impairment allowances fell as expected. “Normalisation ...
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MBSB third-quarter profit higher by 21%

14 Nov 2018 - The Star Online
PETALING JAYA: Malaysia Building Society Bhd (MBSB) saw a 21% jump in net profit for the third quarter ended Sept 30, due to a lower charge of impairment allowances on loans and financing. In a filing with Bursa Malaysia yesterday, the group said its impairment allowances for the third quarter decreased ...
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MBSB Q3 earnings up 21% to RM121.9mil

13 Nov 2018 - The Star Online
KUALA LUMPUR: Malaysia Building Society Bhd ’s (MBSB) net profit rose 21% to RM121.96mil in the third quarter ended Sept 30, compared with RM100.73mil a year ago, due to lower charge of impairment allowances on loans and financing. Its revenue, however, fell marginally to RM786.4mil in the third quarter ...
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MBSB second quarter net profit slips to RM85.7mil

31 Jul 2018 - The Star Online
KUALA LUMPUR: Malaysia Building Society Bhd 's (MBSB) net profit for the second quarter ended June 30, 2018, slid to RM85.68mil from RM91.08mil recorded in the same period last year. Revenue fell to RM794.14mil from RM813.41mil previously, contributed by lower income from financing activities due to ...
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MBSB Q2 net profit slips to RM85.6m

30 Jul 2018 - The Star Online
KUALA LUMPUR: Malaysia Building Society Bhd 's (MBSB) net profit for the second quarter ended June 30, 2018, slid to RM85.68 million from RM91.08 million recorded in the same period last year. Revenue fell to RM794.14 million from RM813.41 million previously, contributed by lower income from financing ...
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LPPSA, MBSB joint hands to offer housing loan for civil servants

19 Jul 2018 - The Star Online
PUTRAJAYA: The Public Sector Home Financing Board (LPSSA) is working with MBSB Bank Bhd to provide a joint financial scheme for public sector employees to buy their first home. Both LPPSA and MBSB signed a memorandum of understanding (MoU) on Thursday, to work on a scheme that would allow joint mortgages ...
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MBSB Bank contributes RM1mil to Tabung Harapan

26 Jun 2018 - The Star Online
KUALA LUMPUR: MBSB Bank Bhd has contributed RM1mil to Tabung Harapan Malaysia fund (THM). The bank handed over its contributions to Finance Miniser Lim Guan Eng and Secretary General of Treasury, Datuk Seri Dr Ismail Bakar on June 20. “This is our way of expressing patriotism to the country. Malaysia ...
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