FY2023 M25+ Progress: Enhancing Digital Banking
P&L Summary: 1Q FY2023 (YoY)
RM million
1Q
FY2023
1Q
FY2022
(Restated)
4Q
YOY
FY2022
(Not Restated)
QoQ
Net fund based income *
Non-interest income *
Net operating income
Overhead expenses
Personnel Costs
Establishment Costs
4,796.7
4,893.9
(2.0)%
5,311.5
(9.7)%
1,527.6
1,358.8
12.4%
1,585.6
(3.7)%
6,324.3
6,252.7
1.1%
6,897.1
(8.3)%
(3,052.2)
(2,730.0)
11.8%
(3,407.2)
(10.4)%
(1,783.0)
(1,623.1)
9.9%
(2,036.6)
(12.4)%
(507.0)
(434.3)
16.7%
(509.3)
(0.5)%
Marketing Expenses
(113.9)
(79.3)
43.8%
(227.9)
(50.0)%
Administration & General Expenses
(648.2)
(593.3)
9.2%
(633.4)
2.3%
Pre-provisioning operating profit (PPOP) 1
3,272.1
3,522.7
(7.1)%
3,489.9
(6.2)%
Net impairment losses
(292.9)
(597.1)
(50.9)%
(191.0)
53.4%
Operating profit
2,979.3
2,925.7
1.8%
3,298.9
(9.7)%
Profit before taxation and zakat (PBT)
3,055.8
2,975.2
2.7%
3,307.1
(7.6)%
Net Profit
2
2,265.4
2,046.9
10.7%
2,167.3
4.5%
EPS Basic (sen)
18.8
17.2
9.1%
18.0
4.5%
Restated 1QFY2022 comparative information as MFRS 17 has replaced MFRS 4 Insurance Contracts for annual periods on or after 1 January 2023.
Note:
* From consolidated 1Q FY2023 Group numbers, Insurance and Takaful accounts for 12.7% of net fund based income and (6.6)% 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
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