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- New-Home Sales Jump to Highest Level in Over Year
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Nov 6 (Reuters) - AMMB Holdings Bhd: * Malaysia's AMMB Holdings Bhd Q2 net profit 240.16 million rgt versus 230.13 mln rgt a year ago * AMMB is the country's fifth-largest bank. * Q2 revenue at 1.59 bln rgt versus 1.46 bln rgt a year ago. * On outlook, the bank said recovery process in Malaysia is expected to be gradual and that it has adopted more conservative provisioning in the first half of FY2010 to account for any major systemic credit erosion. (Reporting by Kuala Lumpur Newsroom) ((david.chance@thomsonreuters.com; +603 2333 8033; Reuters messaging david.chance.reuters.com@reuters.net; bureau email areuters@gmail.com)) (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
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