CAHB first quarter net profit doubles


COMMERCE Asset-Holding Bhd group (CAHB) reported yesterday net profit in the first quarter ended March 31 doubled to RM221.6mil from RM110.9mil in the corresponding period last year. 

Revenue grew 38% to RM1.04bil from RM753.1mil, and pre-tax profit increased by 98% to RM365.5mil from RM185mil. 

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