H1FY24 Results - Investor Presentation
Financial Overview (Reported)
| H1FY24 Performance summary - P&L
P&L (RM' mil)
Q1FY24
Q2FY24
QoQ Change
H1FY231
H1FY24
YoY Change
Total Income
1,202
1,124
(7%)
2,329
2,326
22
NII
809
846
5%
1,787
1,654
(7%)
NOII
393
278
(29%)
542
671
24%
MFRS 17 restatement impact
(17)
Expenses
(508)
(493)
(3%)
(1,047)
(1,000)
(4%)
PBP
694
631
(9%)
1,282
1,325
3%
Net Impairment
PBT
(190)
(13)
(93%)
(267)
(204)
(24%)
504
618
23%
1,015
1,122
11%
PAT
403
470
16%
778
873
12%
-Profit from Continuing Operations²
352
470
33%
844
822
(3%)
- Profit from Discontinued Operation³
PATMI
51
N/A
(66)
51
>100%
378
470
24%
837
848
1%
- PATMI from Continuing Operations²
-PATMI from Discontinued Operation³
352
470
33%
844
822
(3%)
26
N/A
(7)
26
>100%
Financial Indicators
Q1FY24
Q2FY24
QoQ Change
H1FY231
H1FY24
YoY Change
CTI
42.2%
43.8%
1.6%
45.0%
43.0%
(2.0%)
NIM
1.76%
1.82%
0.06%
2.17%
1.79%
(0.38%)
ROE (Annualised)
8.3%
10.1%
1.8%
9.9%
9.3%
(0.6%)
Basic EPS (sen)4
11.44
14.20
24.1%
25.29
25.65
1.4%
Net Assets per Share (RM)5
5.59
5.60
0.1%
5.19
5.60
7.9%
1.
H1FY23 P&L numbers are restated following the adoption of MFRS 17 for Insurance Business
2.
3.
4.
Continuing operations comprised Banking operations and Insurance. Insurance mainly consists of Life Insurance (as JV) and General Insurance (as associate from August'22 onwards)
Discontinued operation in H1FY23 and Q1FY24/H1FY24 comprised General Insurance as subsidiary from April'22 to July'22 and RM51m gain from AmGen divestment completion respectively
Computed based on weighted average number of shares
5.
Computed based on number of ordinary shares issued at period end (excludes treasury shares)
AmBank Group
H1FY24 Results - Investor Presentation
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