CIMB posts RM580m profit, Indonesian ops weaker results


An interview with Maybank Investment CEO Tengku Zafrul.

PETALING JAYA: CIMB Group Holdings Bhd made a net profit of RM580.12mil in the first quarter ended March 31, after excluding RM202mil of restructuring expenses, while its Indonesian operations reported a weaker set of results.

This compared with a net profit of RM1.07bil in the corresponding period a year earlier.

Subscribe to The Star Yearly Premium Plan for 30% off

Cancel anytime. Ad-free. Full access to Web and App.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , CIMB , banking , 1023 ,

Next In Business News

Local institutions extend buying streak for eight week
Singapore GDP 2Q 2025 growth at 4.3% - MTI advance estimates
Ringgit rises as US plans new tariffs
Weak signals indicate continued consolidation
Trading ideas: Affin Bank, Hong Leong Bank, BTM, Jasa Kita, Greatech, Meta Bright, Hextar REIT, MRCB, Econpile, SkyGate
AEON Credit seeks out M40�
Risk of Fed chair’s ouster viewed as underpriced
Carbon tax may dent steel sector’s recovery
Acafta meetings a step forward
Mexico sure it will strike deal with US on tariffs

Others Also Read