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ACB - Results beat expectations on account of NIM & operating expenses - Earnings Flash

Company Research

31 Oct 2017

Summary – ACB released Q3 2017 earnings that were largely in line with expectations. Even though provision expense jumped by 46.1% Q-o-Q, robust growth in net interest income as well as well-managed operating expense drove net profit to maintain modest growth of 8.9% Q-o-Q.

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