KUALA LUMPUR (July 23): Public Bank Bhd net profit for the six months ended June 30, 2012 rose 2.99% to RM1.89 billion from RM1.84 billion a year earlier, on the back of revenue RM6.84 billion compared to EM6.13 billion in 2011.
Earnings per share was 54.07 sen compared to 52.51 sen. Net assets per share as at June 30 was EM4.49.
The banking group declared a fist interim dividend of 20 sen per share totaling RM700 million to be paid on August 15.
For the three months ended June 30, Public Bank’s net profit dipped marginally to RM952.69 million from RM954.88 million.