PETALING JAYA: K&N Kenanga Holdings Bhd’s net profit jumped to RM20.09mil in the third quarter ended Sept 30 from RM2.2mil a year ago, while revenue increased 17.4% to RM168.05mil.
The financial-based company attributed the better results to higher contribution from investment management performance fee income, equity broking income and investment banking fee income, as well as lower overheads.
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