CIMB posts 4.2% higher Q3 net profit of RM1.18bil


Tengku Datuk Seri Zafrul Aziz, Group CEO, CIMB Group said:

KUALA LUMPUR: CIMB Group Holdings Bhd posted a 4.2% increase in net profit for the third quarter ended Sept 30 to RM1.18bil from RM1.13bil in the year-ago quarter due to improved contributions across all segments except wholesale banking.

"Wholesale Banking PBT was 41.7% lower y-o-y across all wholesale segments given the weaker capital markets," the group said in a statement.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Powering on data centres
Medical insurance premiums on the rise
Blackstone, KKR mortgage REITs stung by office debt challenges
Making scents of success
Tesla’s plan for affordable cars takes page from Detroit rivals
Sapura Energy takes a step to turn the tide
Are there too many GPs and is the healthcare system overwhelmed?
Kelington to reap the benefits of a diversified business strategy
Investors brace for 5% Treasury yields
Singapore’s growth trajectory remains intact

Others Also Read