Bursa Malaysia Stock Watch

BIMB posts RM377.66m profit this year

kltrader
Publish date: Mon, 30 Aug 2010, 05:05 PM
kltrader
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BIMB Holdings Bhd (BIMB)reported RM377.66 cumulative 12-month profit before zakat and tax this year compared with RM299.13 million in the same period last year.

The group's revenue rose 8.9 per cent to RM1.623 billion from 1.490 billion last year.

In a filing to Bursa Malaysia today, BIMB Holdings said higher profit before zakat and tax was due to strong performance by Bank Islam Malaysia Bhd and Syarikat Takaful Malaysia Bhd.

It said Bank Islam achieved RM313 million profit before zakat and tax, exceeding the previous financial year by 34.3 per cent or RM79.9 million.

The group said Takaful Malaysia also registered a higher surplus transfer from its family and general takaful fund of RM162.7 million compared with RM147.7 million previously. -- Bernama
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