Sabah Development Bank announces RM878 mln pretax loss for FY2023


KOTA KINABALU (Aug 22): Sabah Development Bank Berhad (SDB) has announced a pretax loss of RM878 million (net loss RM684 million) for the financial year (FY) 2023, per its audited results. In a statement, SDB said it anticipates a substantially reduced pretax loss of approximately RM100 million for FY 2024. “Losses are mainly due to [...]

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