KUALA LUMPUR: CIMB Group
Holdings Bhd’s net profit of RM949.94mil for the second quarter ended June 30 came in below consensus estimates, as difficult operating conditions in Indonesia dragged down the group’s overall performance.
Its earnings for the quarter represented a 9.9% decline from the RM1.05bil registered in the corresponding quarter a year ago. Consequently, the group’s earnings per share (EPS) fell to 11.36 sen from 14 sen previously.
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