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Islamic Finance Briefing - Categorized | Banking, Insurance (Takaful), Performance more

BIMB Q4 profit falls 10.4pct

Posted on 28 February 2013

BIMB Holdings Bhd’s net profit attributable to ordinary equity holders of the parent company dropped 10.36% to RM67.13mil on the back of a 17.76% increase in revenue to RM669.17mil for the fourth quarter ended Dec 31, 2012. Thus, earnings per share dropped to 6.29 sen from 7.02 sen. However, on a full-year basis, net profit was up 18.29% to RM250.78mil on the back of a 23.62% increase in revenue to RM2.52bil.
Meanwhile, Takaful Malaysia reported a 31% growth in its profits after taxation and zakat to close the financial year ended Dec 31, 2012 with RM101.2mil. The group’s full-year operating revenue increased by 19% to RM1.61bil………………………………………..Full Article: Source

 
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