Bursa Malaysia Stock Watch
BIMB makes RM474m in pre-tax profit
kltrader
Publish date: Sat, 27 Nov 2010, 10:23 PM
kltrader
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BIMB Holdings Bhd recorded a RM96.072 million pre-tax profit and RM451.350 million revenue for the three months ended Sept 30, 2010.
In a filing to Bursa Malaysia today, the group said for the 15-month period ended Sept 30, 2010, the company registered RM473.727 million in pre-tax profit.
Bank Islam and Syarikat Takaful Malaysia Bhd (STMB) achieved a pre-tax profit of RM400.2 million and RM78.8 million respectively.
The group also recorded RM2.074 billion in revenue.
Building on its performance as the winner of the Top SMI Supporter Award 2009, Bank Islam will focus its effort on financing viable small medium enterprises across the economic sector and also continued its corporate financing activities.
Bank Islam will also continue to diversify its revenue stream by increasing fee-based activities.
The Islamic bank also plans to increase its branches to 115 and its pawn-broking outlets to five by the end of this year.
Meanwhile, STMB Bhd is gearing for growth in the current financial year with the introduction of new products and a new retail distribution network. -- Bernama
In a filing to Bursa Malaysia today, the group said for the 15-month period ended Sept 30, 2010, the company registered RM473.727 million in pre-tax profit.
Bank Islam and Syarikat Takaful Malaysia Bhd (STMB) achieved a pre-tax profit of RM400.2 million and RM78.8 million respectively.
The group also recorded RM2.074 billion in revenue.
Building on its performance as the winner of the Top SMI Supporter Award 2009, Bank Islam will focus its effort on financing viable small medium enterprises across the economic sector and also continued its corporate financing activities.
Bank Islam will also continue to diversify its revenue stream by increasing fee-based activities.
The Islamic bank also plans to increase its branches to 115 and its pawn-broking outlets to five by the end of this year.
Meanwhile, STMB Bhd is gearing for growth in the current financial year with the introduction of new products and a new retail distribution network. -- Bernama
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