KUALA LUMPUR: RCE Capital Bhd posted 29.7% growth in net profit to RM12.9mil for the second quarter ended Sept 30 compared with RM9.99mil in the preceding quarter.
In a statement, the group attributed the rise to higher receivable base that was boosted by increased demand for credit before the Hari Raya festive season and salary increments for civil servants.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!