In a filing with Bursa Malaysia yesterday, Takaful Malaysia said the family takaful business generated gross earned contributions of RM1.61bil for FY18, a 27% increase against the RM1.26bil in the previous corresponding period.
PETALING JAYA: Further double-digit earnings growth is possible for Islamic insurer Syarikat Takaful Malaysia Keluarga Bhd
(STMB), according to RHB Research.
The research house is projecting earnings growth of 17% and 13% for the financial year 2019-2020 (FY19-FY20) ending Dec 31 for STMK.
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