PETALING JAYA: Kurnia Asia Bhd posted a net profit of RM26.4mil for the third quarter ended March 31 compared with a net loss of RM25.4mil in the previous corresponding period, thanks to positive underwriting performance and stronger investment performance.
In a filing with Bursa Malaysia yesterday, the insurer said it recorded a revenue of RM280.6mil from RM302mil a year ago as gross premium was flat due to more stringent risk-selection process to attract better quality business.
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