President director of CIMB Niaga, Tigor M. Siahaan (pic) in a statement yesterday said the bank’s return on equity rose by 11.2% in tandem with the increase in net profit.
KUALA LUMPUR: PT Bank CIMB Niaga Tbk’s net profit rose by 11.2% in the first half ended June 30, 2021 (H1, FY21) to 2.1 trillion rupiah (RM614mil) due to higher operating income while operating expenses were generally flat.
The bank, which is a 92.5% indirectly held subsidiary of CIMB Group
Holdings Bhd, said the unaudited consolidated net profit of 2.1 trillion rupiah (RM614mil) translated to earnings per share of 85.54 rupiah (2.5 sen).
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