Maybank's H1 Pre-Tax Profit Up 38.8 Per Cent To RM2.55 Billion

Malayan Banking Bhd's (Maybank) pre-tax profit for the first half year ended Dec 31, 2009 rose 38.8 per cent to RM2.556 billion from RM1.842 billion in the previous corresponding period.

Its revenue increased by 35.5 per cent to RM6.408 billion from RM4.729 billion in the same period last year, while net profit rose by 43.5 per cent to RM1.875 billion from RM1.306 previously.

Maybank president and chief executive officer, Datuk Seri Abdul Wahid Omar, said the robust performance was achieved on the back of a significantly improved results across all business sectors.

He said this when announcing Maybank group's interim results for the half year ended Dec 31, 2009 here Tuesday.