Rapid Discount House had a slight drop in profit from $430.6 million to $420.1 million, largely because of an increase in operating expenditure and a higher tax provision.
Interest income had more than doubled from $2.2 billion to $4.8 billion, while other income had shot up from $17.5 million to $102.7 million.
Though gross operating income had increased from $889 million to $1.1 billion, net operating income only increased marginally from $666.1 million to $678 million.
But net profit dropped by just over $10 million after the bank provided for taxation of $256.8 million compared to $235.4 million the previous year.
Its balance sheet almost trebled from $6.3 billion to $18.7 billion.