Boustead Holdings Bhd delivered a strong performance for the year ended 31 December 2017, posting a record-high profit before tax (PBT) of RM1.1 billion compared with RM740 million last year.
Profit after tax (PAT) jumped to RM923 million while revenue increased to RM10 billion. This improved performance was driven by gains realised on disposal of plantation lands, amounting to a total of RM555 million.
BIMB Holdings Bhd (BHB), Malaysia’s premier Islamic financial services Group today announced a Profit Before Zakat and Taxation (PBZT) of RM948.3 million for the financial year ended 31 December 2017 – the highest ever recorded by the Group.
Driven by robust financing growth and strong asset quality, the PBZT is 9.1% higher than that registered in the previous year.
AMMB Holdings Bhd, which announced the financial results for the nine months ending Dec 31, 2017, announced that its total income was up 5.4% to RM2,908.4 million, mostly underpinned by good growth in net interest income (NII) (+8.8%).
It also reported a net profit after tax and minority interests (PATMI) at RM878.7 million.