Alliance Bank’s 4Q net profit falls 48.9% to RM50m on higher credit cost, declares 5.79 sen dividend

Alliance Bank Malaysia Bhd’s net profit for the fourth quarter ended March 31, 2021 (4QFY21) fell 48.9% to RM50.07 million, from RM98.06 million a year ago, mainly due to higher operating expenses and credit cost.