Cagamas reports 26.1% increase in pre-tax profit


NATIONAL mortgage corporation Cagamas Bhd has reported a pre-tax profit of RM208mil for last year, an increase of 26.1% from 2001, attributed to higher volume of loans and debts purchased. 

According to a company statement released yesterday, shareholder's funds increased by 12.4% from RM1,036mil at the end of 2001 to RM1,164mil at the end of last year. 

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