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Public Bank posts record Q1 net profit of RM1.5bil


PETALING JAYA: Despite a revenue-drop of nearly RM500mil, Public Bank Bhd
saw a 15% jump in net profit to a record RM1.53bil on a year-on-year (y-o-y) basis in the first quarter ended March 31.
The stronger bottom line was due to higher net interest income in the quarter, improved net income from its Islamic banking business and a higher fee and commission income.
In a filing with Bursa Malaysia yesterday, the banking group said its net profit rose to RM1.53bil in the January-March 2021 period compared with RM1.33bil a year earlier.
Revenue fell by 8.8% y-o-y to RM5.03bil from RM5.52bil in the previous corresponding quarter. ....

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NTT FY Profit Increases


NTT FY Profit Increases
TOKYO (dpa-AFX) - Nippon Telegraph and Telephone Corp (NTT) reported that its profit attributable to the company for the year ended March 31, 2021 increased to 916.18 billion yen or 248.15 yen per share from 855.31 billion yen or 231.21 yen per share in the previous year.
Operating revenues for the year grew to 11.94 trillion yen from 11.90 trillion yen last year.
For the fiscal year ending March 31, 2022, the company projects basic earnings per share of 300 yen; and operating revenue of 12.00 trillion yen.
NTT Corp. said that it will establish a new Israeli subsidiary named, NTT Innovation Laboratory Israel Ltd In July 2021. ....

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Toyota fourth quarter operating profit nearly doubles from year-ago


Toyota fourth quarter operating profit nearly doubles from year-ago
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Toyota fourth quarter operating profit nearly doubles from year-ago
Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92per cent, nearly doubling since last year as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.
FILE PHOTO: The Toyota logo is seen at its booth during a media day for the Auto Shanghai show in Shanghai, China, April 19, 2021. REUTERS/Aly Song
12 May 2021 12:40PM
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TOKYO: Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92per cent, nearly doubling since last year as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic. ....

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