‘Our digital strategy has proven invaluable in these trying times, ’ says Chay.
KUALA LUMPUR: Kenanga Investment Bank Bhd
recorded profit after tax and non-controlling interest of RM34.2mil for the first quarter of 2021 – an increase of RM41.1mil relative to a RM6.9mil net loss in the first quarter of 2020.
Announcing its first-quarter financial results for 2021, the independent investment bank said the previous net loss was mainly due to provision of credit loss expenses which has progressively been reversed over the quarters.
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