Email This Print This News

Others

BackJan 31, 2013
Type Announcement
Subject OTHERS
Description Headline Key Performance Indicators for 4th Quarter 2012

Malaysia Building Society Berhad (“MBSB” or “the Company”) would like to announce its achievement for the 4th quarter 2012 as compared to the 2012 Headline Key Performance Indicators (“KPIs”).
HEADLINE KPIs

The Company would like to announce the target Headline KPIs for 2012 as set out in Table 1. These KPIs have been set and agreed by the Board of Directors and Management of the Company as part of the broader KPI framework that the Company has in place, as prescribed under the Government Linked Company (“GLC”) Transformation program and is disclosed on a voluntary basis.

It should be noted that these headline KPIs are targets or aspirations set by the Company for the respective years as a transparent performance practice. The KPIs should not be construed as estimates, forecasts or projections of the Company or representations of any future performance, occurrence or matter as the headlines are merely a set of targets or aspirations of future performance aligned to the Company’s strategy.

HEADLINE KPIs FOR THE 4TH QUARTER 2012

The Group net return on equity and revenue growth has exceeded the Headline KPIs. This was mainly due to higher income from Islamic banking operations via the expansion of personal financing and higher income from conventional business.
TABLE 1
Target 2012 Headline KPIs
4th Qtr 2012 12 Months Unaudited Group Results
1. Group net return on equity
15.0%
34.0%
2. Group revenue growth
25.0%
44.3%

This announcement is dated on 31 January 2013.

 


Announcement Info

Company Name MALAYSIA BUILDING SOCIETY BERHAD  
Stock Name MBSB    
Date Announced 31 Jan 2013  
Category General Announcement
Reference No MB-130131-62151