Thursday, May 29, 2008

Public Bank profit in Vietnam soars

VIENTIANE: Public Bank Bhd recorded a net profit of US$3mil for the financial year just ended, a 67% increase from the previous year's US$1.8 million.
Country head Zulkiflee Abdullah attributed the better performance to the fast growing economy of Laos which registered an annual average income per capita growth of 7.6%.
“In the last five years we have registered a growth in profit of between 60% and 80% yearly,” he told Bernama yesterday. – Bernama

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