Sykt Takaful Malaysia posts net profit of RM362.4m in FY20

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd (STMKB) posted net profit of RM362.42mil in the financial year ended Dec 31,2020, a dip of 1% compared with RM364.84mil in FY19.

In a statement to Bursa Malaysia on Tuesday, it said its revenue slipped by 5% to RM2.95bil from RM3.12bil mainly due to lower sales generated from family Takaful business.