BIMB Holdings net profit up 9.9%

KUALA LUMPUR: BIMB Holdings Bhd’s (BIMB) net profit for the first quarter ended March 31, 2015 increased 9.9% to RM135.69mil, from RM123.45mil a year ago supported by the improved performance from Bank Islam Group and Takaful Malaysia Group.

Meanwhile, its revenue rose 11.3% to RM809.08mil compared to RM726.89mil in the corresponding period a year ago due to the growth in business activities of Bank Islam as well as higher sales from both Family Takaful and General Takaful business and high net investment income.