9M FY2023 Financial Performance
P&L Summary: 9M FY2023
9M
RM million
9M
FY2023
3Q
FY2022
(Restated)
YOY
FY2023
2Q
FY2023
QoQ
3Q
FY2022
(Restated)
YOY
Net fund based income *
14,430.9
15,359.7
(6.0)%
4,808.7
4,825.5
(0.3)%
5,292.2
(9.1)%
Non-interest income *
5,953.3
4,321.1
37.8%
1,941.4
2,484.3
(21.9)%
1,829.5
6.1%
Net operating income
20,384.2
19,680.8
3.6%
6,750.1
7,309.8
(7.7)%
7,121.7
(5.2)%
Overhead expenses
Personnel Costs
Establishment Costs
(9,769.8) (8,834.5)
10.6%
(3,297.2)
(3,420.4)
(3.6)%
(3,210.5)
2.7%
(5,667.6) (5,110.0)
10.9%
(1,880.3)
(2,004.3)
(6.2)%
(1,829.9)
2.8%
(1,608.6) (1,462.3)
10.0%
(547.3)
(554.4)
(1.3)%
(522.7)
4.7%
Marketing Expenses
(389.9)
(393.1)
(0.8)%
(141.0)
(135.0)
4.4%
(204.8)
(31.2)%
Administration & General Expenses
(2,103.7)
(1,869.0)
12.6%
(728.7)
(726.8)
0.3%
(653.1)
11.6%
Pre-provisioning operating profit (PPOP) 1
10,614.4
10,846.3
(2.1)%
3,452.9
3,889.4
(11.2)%
3,911.2
(11.7)%
Net impairment losses
(1,209.5)
(2,594.3)
(53.4)%
(342.2)
(574.5)
(40.4)%
(841.1)
(59.3)%
Operating profit
9,404.9
8,252.0
14.0%
3,110.8
3,314.8
(6.2)%
3,070.1
1.3%
Profit before taxation and zakat (PBT)
9,582.0
8,374.7
14.4%
3,156.4
3,369.8
(6.3)%
3,099.7
1.8%
Net Profit
2
6,962.0
5,755.3
21.0%
2,358.1
2,338.6
0.8%
2,100.0
12.3%
EPS Basic (sen)
57.8
48.2
19.8%
19.6
19.4
0.8%
17.7
10.7%
Restated 9M FY2022 comparative information as MFRS 17 has replaced MFRS 4 Insurance Contracts for annual periods on or after 1 January 2023.
Note:
* From consolidated 9M FY2023 Group numbers, Insurance and Takaful accounts for 8.9% of net fund based income and (9.0)% of non-interest income
1 Pre-provisioning operating profit (PPOP) is equivalent to operating profit before impairment losses
2 Net Profit is equivalent to profit attributable to equity holders of the Bank
19View entire presentation