Malaysia’s CIMB Islamic posts 48% rise in quarterly profit as Group earnings fall
Malaysia’s CIMB Islamic earned 47.9% increase in profit before tax for the third-quarter as its overall Group saw its own PBT drop by 10.06%.
CIMB Islamic earned 388.24 million ringgit ($92.95 million) in profit before tax for the three months ending September 30 compared to 262.51 million ringgit for the same period last year, it reported in a bourse filing on Friday (Nov 22).
CIMB Group overall posted 1.34 billion ringgit in PBT for the third-quarter, down from 1.49 billion ringgit for the same July-September period in 2018.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
