JMMBGL Reporting Stable Results For Q3 Dec 2020

February 15, 2021

⚫️Net Interest Income up +8.3%
⚫️Revenue +1.1%. Stable considering the circumstances
⚫️Opex?-7.94%
⚫️Profit Before Tax +6.0%
⚫️NPAT ⬆️33.7% (lower tax expense as well)

Mgmt says “The final quarter of the financial year will see the Group undertaking several strategic initiatives to strengthen and innovate digital access channels that will improve their clients’ experience and produce efficiencies for the Group over the medium term”

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