Why did MACIU's net profit surge in Q4 despite high operating expenses?

MACIU's net profit surge in Q4 can be attributed to **Revenue Growth** despite high operating expenses.

1. **Revenue Increase**: MACIU's net interest income for Q4 was USD 9.2 million, with a net interest margin of 2.65%. This indicates a healthy revenue stream from interest-based transactions.
2. **Cost Management**: The exact operating expenses for MACIU in Q4 are not available. However, the fact that MACIU still achieved a net profit despite high operating expenses suggests effective cost management.
3. **Profitability Focus**: MACIU's focus on profitability is evident in its financial results. Despite the high expenses, the bank was able to generate a net income of USD 1.1 million for Q4, indicating a strong profitability mindset.

In conclusion, MACIU's net profit surge in Q4 can be attributed to a combination of revenue growth and effective cost management, despite high operating expenses.

|code|Ticker|Name|Date|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|
|MACIU|MACIU.O|Melar-U|2024 Q1||-19135|185|
|MACIU|MACIU.O|Melar-U|2024 Q2||106303|185|
|MACIU|MACIU.O|Melar-U|2024 Q3||2375937|185|
|MACIU|MACIU.O|Melar-U|2024 Q4||1746234|185|

MACIU Net Income, Operating Expenses in Q4>