Tengku Zafrul
FRESH from overhauling its corporate organisation and putting in place a mid-term review that will zoom in on its cost structure, CIMB Group
Holdings Bhd announces a big drop in its fourth quarter results after it swallowed major provisions for its business in Indonesia.
Announcing a net profit of RM200.3mil for its fourth quarter ended Dec 31, 2014, CIMB’s net profit fell about 80% from RM1.04bil in the same period a year ago.
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