Alliance Bank Malaysia Bhd provided earnings guidance for the second half ending March 31, 2020. The company expects its net profit to improve in the second half of its current financial year ending March 31, 2020, compared with the first half, underpinned by reducing credit cost. However, when compared year-on-year, the company expected the net profit in second half of fiscal of 2020 would not be higher than the net profit in second half of fiscal of 2019, because of the significantly higher credit cost in the first quarter of this year of 24.6 basis points.