Bursa Malaysia Stock Watch

CIMB Q4 earnings may have topped estimate

kltrader
Publish date: Mon, 21 Feb 2011, 04:03 PM
kltrader
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CIMB Group Holdings Bhd, Malaysia's second-biggest bank, may report better-than-expected fourth-quarter earnings because of stronger non-interest income and contribution from its Indonesian unit, RHB Research Institute Sdn Bhd said.

CIMB is also expected to announce the management's 2011 targets such as return on equity and its dividend policy, 'which we expect to be a step-up from current levels,' David Chong, an analyst at RHB, said in a report today. -- Bloomberg
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