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Judul : CIMB 1Q net profit up at RM1.18b, revenue tops RM4b
link : CIMB 1Q net profit up at RM1.18b, revenue tops RM4b
CIMB 1Q net profit up at RM1.18b, revenue tops RM4b
KUALA LUMPUR (May 24): CIMB Group Holdings Bhd reported a 46% rise in first quarter net profit at RM1.18 billion from a year earlier on higher interest, non-interest and Islamic banking income. Profit also rose on lower bad loan allowance.
In a statement to Bursa Malaysia today, CIMB said net profit rose to RM1.18 billion in the first quarter ended March 31, 2017 (1QFY17) from RM813.8 million. Revenue was higher at RM4.36 billion versus RM3.73 billion.
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