KUALA LUMPUR, Nov 3 ― Malaysia Building Society Bhd's (MBSB) pre-tax profit for the third quarter (Q3) ended Sept 30, 2014, grew to RM267.42 million from RM196.24 million recorded in the same quarter last year.

Revenue rose to RM678.99 million from RM644.03 million previously, the company said in a filing to Bursa Malaysia.

“The better results were mainly due to higher operating income from Islamic banking operations and conventional business as well as lower impairment losses on loans, advances and financing.

“These were partly set off by higher operating expenses and lower other operating income,” it said. ― Bernama