Syarikat Takaful net profit up 31.8%


KUALA LUMPUR: Syarikat Takaful Malaysia Bhd’s (STMB) net profit for the first quarter ended March 31, 2015 rose 31.8% to RM46.22mil, from RM 35.07mil a year ago due to the growth from Fire and Motor class of business.

Its revenue jumped 30.2% to RM 562.46mil for the quarter compared to RM432.02mil a year ago largely due to higher sales generated by both Family Takaful and General Takaful business as well as higher net investment income. 

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