In a filing with Bursa Malaysia, the non-bank financial institution said earnings growth was primarily due to higher early settlement, net fee income as well as lower allowances for impairment loss on receivables.
PETALING JAYA: RCE Capital Bhd
’s net profit grew 55% to RM35.39mil for the first quarter (Q1) ended June 30, 2021, from RM22.84mil in the corresponding period last year.
In a filing with Bursa Malaysia, the non-bank financial institution said earnings growth was primarily due to higher early settlement, net fee income as well as lower allowances for impairment loss on receivables.
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