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    Malaysia Regional


    01 Dec 2015

    Carlsberg Brewery Malaysia

    - 3Q15 net profit was below expectations with 9M15 core net profit of RM147.6m... News

    - Higher earnings contribution from its Singapore arm offset the lacklustre performance in Malaysia.... News


    30 Nov 2015

    Affin Holdings - 3Q15: Asset Quality Continues To Deteriorate

    - Affin’s 3Q15 earnings RM102.4m (-23.6 yoy and -26.5% qoq)... News

    - This is due to: a) higher-than-expected operating cost b) net credit cost of 28bp coming in significantly higher than a more normalised expectation of 20bp, and c) higher-than-usual effective tax rate of 30%.... News


    27 Nov 2015

    Malayan Banking - 3Q15: Robust Revenue Growth Ofsett By Higher Cost And Provisions

    - Excluding the RM197m gain on disposal of its Papua New Guinea operations, Malayan Banking reported core 3Q15 net profit of RM1,743.3m and 9MFY15 core earnings of RM4,986m.... News

    - This is due toa sharp spike in provisions due to a strong uplift in net interest income (+17.7% yoy) helping to underpin a 8% yoy outperformance in core pre-provision operating profit.... News

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