Financial group Malaysia Building Society Bhd (MBSB) reported RM93.65mil in net profit for the second quarter ended June 30, a 19.7% jump from RM78.24mil a year earlier, boosted by its Islamic banking business.
“The improved financial results were mainly due to the increase in net income from Islamic banking operations principally contributed by the retail segment,” the company said in a statement. MBSB’s revenue increased by 54.5% to RM444.47mil from RM287.72mil. Earnings per share were lower at 7.70 sen compared with 10.52 sen previously………………………………………..Full Article: Source