Bank Muamalat Malaysia Berhad Achieved a Record Profit Before Tax of RM241.2 million for FYE 31st March 2019

KUALA LUMPUR, July 1 (Bernama) — Bank Muamalat Malaysia Berhad announced a 4.6% increase in Profit Before Tax (PBT) for its financial year ended 31st March 2019. PBT grew to RM241.2 million from RM230.5 million recorded in the previous financial year.

Dato’ Mohd Redza Shah Abdul Wahid, Chief Executive Officer of Bank Muamalat Malaysia Berhad said, “The improved performance was underpinned by a steady growth in revenue driven by growth in gross financing and other operating income as well as our continuous effort in managing the cost of operations.”

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