RHB Capital profit up on higher income


PETALING JAYA: RHB Capital Bhd recorded a net profit of RM228.6mil for the first quarter ended March 31, 2009, up 3% from RM222.4mil in the previous corresponding period due to higher net interest income, impairment loss no longer required and improved Islamic banking business income.

In a filing to Bursa Malaysia, the group said the improved performance was largely offset by lower other operating income, higher loan-loss allowances and elevated other operating expenses.

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