03.02.2012 - MBSB 4Q earnings soar to RM83.8m on Islamic banking
Malaysia Building Society Bhd (MBSB) posted a stellar set of earnings in the fourth quarter ended Dec 31, 2011, with net profit up 554% to RM83.82 million from RM12.81 million a year ago. Its earnings were boosted mainly by higher net income from Islamic banking operations via the expansion of personal financing and also lower taxation. Net income from Islamic banking operations was RM113.17 million compared with RM52.92 million a year ago...............................................Full Article: Source
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