Alliance Bank shares up 1.82pct after Q1 net profit jumps 25pct

At 10.16 am, the bank's share price rose by nine sen to RM5.02, with one million shares traded.

Alliance Bank's net profit rose to RM248.32 million in Q1 FY27 from RM198.70 million in the same period last year, representing a 25 per cent increase year-on-year (YoY), driven by lower allowance for expected credit losses and higher revenue, partially offset by increased operating expenses.

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