CIMB Niaga posts RM208.7mil consolidated net profit


PT Bank CIMB Niaga

KUALA LUMPUR: PT Bank CIMB Niaga Tbk reported an unaudited consolidated net profit of 640 billion rupiah (RM208.7mil) in the first quarter (Q1) of 2017, which represented a 137.9% year-on-year (y-o-y) growth.

The growth also translated into earnings per share of 25.45 rupiah. In a statement, president director of CIMB Niaga Tigor M. Siahaan said operating income grew 7.3% y-o-y, while cost was controlled and only rose by 2.8% y-o-y, considering the soft economic and operating environment.

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