Latest news with #AllianceBankMalaysiaBerhad
Yahoo
29-05-2025
- Business
- Yahoo
Alliance Bank Malaysia Berhad Full Year 2025 Earnings: Beats Expectations
Revenue: RM2.08b (up 10% from FY 2024). Net income: RM750.7m (up 8.7% from FY 2024). Profit margin: 36% (in line with FY 2024). EPS: RM0.48 (up from RM0.45 in FY 2024). AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) also surpassed analyst estimates by 1.4%. Looking ahead, revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Banks industry in Malaysia. Performance of the Malaysian Banks industry. The company's share price is broadly unchanged from a week ago. You should always think about risks. Case in point, we've spotted 1 warning sign for Alliance Bank Malaysia Berhad you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
14-05-2025
- Business
- Borneo Post
Report: 6 out of 10 Sarawak SMEs aware of sustainability issues, 66 pct implementing ESG practices
Alliance Bank Group chief strategy and transformation officer Dr Aaron Sum (fifth left) presents the Sarawak SME ESG Report to Abang Johari. KUCHING (May 14): The Sarawak SME ESG Report has revealed that six in 10 small and medium enterprises in Sarawak are aware of sustainability issues, with 66 per cent already implementing environmental, social, and governance practices. The Alliance Bank Malaysia Berhad report also found that among non-adopters, 98 per cent indicated a strong intention to adopt ESG measures, with 59 per cent of them are planning to act within the next two years. According to the report, the leading motivators for SMEs to adopt ESG practices include meeting the evolving expectations of consumers, suppliers, and investors. 'Despite these positive trends, challenges such as limited resources, staffing constraints, and navigating various ESG frameworks were cited as key barriers to wider adoption,' the bank said in a press statement. 'The encouraging level of ESG awareness is the result of concerted efforts of government bodies, NGOs, and corporations in disseminating ESG-related information, and promoting sustainable business practices.' Meeting market demand, along with the pursuit of cost efficiencies, has also driven ESG adoption among SMEs, said the report. It said these efforts not only enhanced competitiveness but also unlocked access to new customer segments and expanded market opportunities. The bank launched the inaugural report entitled 'Navigating ESG in Sarawak: Insights from SMEs' during the Hydrogen Economy Forum (H2EF) 2025 opening ceremony officiated at by Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg here yesterday. The Sarawak SME ESG Report was developed through a comprehensive study conducted with the support of the Sarawak government, InvestSarawak, Monash University, and United Nations Global Compact Network Malaysia and Brunei. Alliance Bank Group CEO Kellee Kam said delivering a Sarawak focused report is not just timely but essential as it provides a deeper understanding of the realities faced by local businesses. 'This enables us to identify both the challenges and the opportunities that lie ahead. The data gathered will empower businesses to make informed decisions while also serving as a benchmark that encourages the adoption of best practices across industries. 'We recognise the challenges that stand in the way. Many businesses face limitations in terms of resources, staffing, and clarity – especially when confronted with numerous frameworks and fragmented information,' he said. Kam pointed out that access to financing remains another hurdle that must be addressed collectively. 'We hope that the report is able to provide critical guidance to SMEs, helping them build capacity and access useful tools and resources as they navigate their ESG journey,' he stressed. Speaking on the research component of the report, Monash University Malaysia CEO, pro vice-chancellor, and president Prof Datuk Adeeba Kamarulzaman said: 'This initiative brings together government, academia, industry, and civil society, underscoring the collective effort needed to advance sustainability. 'The research component of this collaboration involves a statewide study that offers critical insights into ESG practices among SMEs. The findings support the development of policies and strategies that help SMEs integrate ESG principles, enhancing their resilience and competitiveness while contributing meaningfully to Sarawak's sustainable and inclusive growth.'
Borneo Post
13-05-2025
- Business
- Borneo Post
Session highlights growing role of Sarawak SMEs in driving state's sustainability, hydrogen ambitions
Dr Aaron Sum KUCHING (May 13): Sarawak's small and medium enterprises (SMEs) are playing a growing role in driving the state's sustainability and hydrogen ambitions, with two-thirds already implementing environmental, social, and governance (ESG) practices. Alliance Bank Malaysia Berhad group chief strategy and transformation officer Dr Aaron Sum said 62 per cent of SMEs surveyed indicated familiarity with ESG principles, signalling growing awareness and recognition of sustainable business practices. 'This is the first time we've had concrete data to gauge ESG maturity among Sarawak SMEs, and the momentum is very encouraging,' he said during a plenary session at the Hydrogen Economy Forum (H2EF) here today. The research, conducted in collaboration with Alliance Bank, UN Global Compact, and Monash University, found that 44 per cent of SMEs have integrated ESG into their business strategies, while another 22 per cent have begun implementing ESG on an ad hoc basis. Among non-adopters, 60 per cent plan to begin within two years, many driven by innovation and customer demand from overseas markets. Sum underscored that Sarawak's hydrogen strategy is not only an energy transition but a broader ESG-led transformation. 'With 70,000 SMEs forming the economic backbone of the state, their participation is critical in ensuring a just and inclusive transition.' However, he shared that key challenges remain as many SMEs still face obstacles such as limited funding, lack of technical expertise, and unclear or fragmented sustainability guidelines. To address this, Alliance Bank has launched a simplified online ESG diagnostic tool in collaboration with UN Global Compact, providing tailored action plans and peer benchmarks for SMEs. In addition, the bank has linked financing rates to a company's ESG maturity profile, offering more favourable terms to businesses demonstrating stronger climate performance. 'We've already deployed 50 per cent of our RM1 billion climate-inclusive financing allocation for Sarawak SMEs,' said Sum. The study also identified key ESG focus areas for local SMEs, including waste management, resource efficiency, and digital governance. He added that nearly half of respondents are also prioritising social responsibility efforts, and emphasised the importance of continued support, training, and capacity building to sustain the current momentum. 'This puts Sarawak on strong footing as we align economic growth with sustainable development,' he said. Alliance Bank Dr Aaron Sum hydrogen economy small and medium enterprises
The Star
13-05-2025
- Business
- The Star
The ESG awakening: why Malaysian SMEs are rushing to catch up
In recent years, the global urgency to combat climate change and environmental degradation has spurred regulators around the world to tighten climate-related policies. Malaysia is no exception. The impending National Climate Change Bill—a comprehensive framework for national climate action—will serve as a cornerstone in aligning the country's ambitions with its net-zero goal by 2050. This legislation is expected to significantly reshape the local business landscape, particularly for small and medium enterprises (SMEs). Recognising the vital role of SMEs in this transition, Alliance Bank Malaysia Berhad (Alliance Bank, or the bank) conducted a survey to understand their awareness and adoption of sustainability and ESG practices. The insights gathered were compiled into a landmark publication, The Path To Sustainable Impact: Sectoral Insights Of Malaysian SMEs, also known as the ESG 2.0 Report, which was officially launched on Jan 21 this year, in partnership with Monash University Malaysia and Zurich Malaysia. The report is also supported by the United Nations Global Compact Malaysia and Brunei (UNGCMYB), Malaysian Green Technology and Climate Change Corporation (MGTC), SME Corporation Malaysia and INCEIF University. This report highlights the level of awareness, adoption level of SMEs from four main sectors namely manufacturing, construction, service and agriculture as well as the challenges and recommendations dedicated to each sector. The ESG 2.0 Report: A promising shift The report reveals an encouraging rise in sustainability awareness among Malaysian SMEs—80% compared to 14% since the bank's inaugural report – ESG Insights From Malaysia SMEs Building a Better Future Together or ESG 1.0 launched in 2023. The increase is attributed to the collective efforts of stakeholders—including government bodies, corporates and media—who have worked together to amplify ESG awareness. The report highlights practical resources such as the ESG Quick Guide for MSMEs by SME Corp Malaysia, Capital Markets Malaysia's Simplified ESG Disclosure Guide (SEDG) and MITI's i-ESG Framework that have made ESG concepts more accessible and actionable for SMEs. Besides regulatory compliance, the increase in adoption (from 28% to 60%) also stems from the realisation by businesses that ESG practices can achieve cost savings, efficiency improvements and also improved revenues. ESG adoption also results in new market opportunities, attracting more customers and enhancing resilience in an increasingly complex business landscape. One of the key highlights in the report were the top three challenges when adopting ESG—the overwhelming amount of information and guidelines, the high costs of implementation and resource constraints. Despite the challenges listed, it is important to note that the proportion of SMEs with no intention of adopting ESG has dropped significantly from 41% to 14%. Transforming barriers into business opportunities As SMEs normally operate on tight budgets, small teams and limited resources, there are still challenges that have delayed or hindered their progress towards sustainability. However, the rapid rise in embedding ESG practices into businesses demonstrates that SMEs are committed to adopting ESG through a 'kaizen' approach without incurring significant capital expenditures. By emphasising on small incremental changes and accessing cost-effective tools, training, financing as well as available ecosystems and partnerships, SMEs have started accelerating their ESG journey. It is evident that SMEs are beginning to implement smart, pragmatic steps that reduce waste and cost—while improving ESG performance. For instance, a manufacturing company can retrofit their machineries to calibrate energy usage according to production cycles. This will help the company to reduce energy consumption which leads to immediate savings on the electricity bill. Another example would be the installation of a compactor, by a steel processing SME, to compress lightweight shavings—previously considered unusable waste—into dense, recyclable blocks. It may be a modest investment however the impact was significant—where disposal cost is reduced, and additional income is generated via material resale. The Alliance Bank advantage: A partner in every step The report underscores a strong correlation between ESG adoption and business gains—including cost efficiency, market expansion and long-term resilience. But how can SMEs take the next step? Alliance Bank supports SMEs with a holistic 3A Approach: > Awareness: Through thought leadership initiatives like ESG surveys, sectoral playbooks, barometers, and this very ESG 2.0 Report, the bank fosters a deeper understanding of sustainable business practices. > Advice: Alliance Bank provides expert guidance and tools, including the PROGRESS Climate Diagnostic Tool, co-developed with UNGCMYB. This dynamic tool helps businesses craft their climate reports and sustainability roadmaps which include steps mapped to their current stage of maturity. It also ties directly to Alliance Bank's sustainability-linked funds. > Answers: Beyond guidance, the bank provides tangible support through financing, services, providing linkages and curated ecosystem complete with pre-negotiated discounts. To date, Alliance Bank has helped over 1,000 businesses kick-start or accelerate their ESG journey. Driven by its ambition to become a lifetime ESG-focused bank for SMEs, Alliance Bank is committed to helping businesses not only transition towards sustainable practices but also unlock new growth and future-proof their operations. Its efforts are already making a mark, with over RM14bil in new sustainable banking business—well on the way to exceeding its RM15bil target ahead of schedule.
Yahoo
28-02-2025
- Business
- Yahoo
Alliance Bank Malaysia Berhad Third Quarter 2025 Earnings: EPS: RM0.12 (vs RM0.11 in 3Q 2024)
Revenue: RM523.0m (up 7.8% from 3Q 2024). Net income: RM186.7m (up 5.5% from 3Q 2024). Profit margin: 36% (in line with 3Q 2024). EPS: RM0.12 (up from RM0.11 in 3Q 2024). All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Banks industry in Malaysia. Performance of the Malaysian Banks industry. The company's shares are down 2.1% from a week ago. Following the latest earnings results, Alliance Bank Malaysia Berhad may be overvalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
