Kenanga Q2 earnings surge 49% to RM31mil

Kenanga Investment Bank group managing director Datuk Chay Wai Leong (pic) said, “We are pleased that the group continued to report a set of commendable results in Q2, driven by our stockbroking division.

PETALING JAYA: Kenanga Investment Bank Bhd’s net profit for the second quarter (Q2) ended June 30, 2021 surged 49.4% to RM30.6mil from RM20.5mil posted in the same quarter last year.

For the six-month period (H1), net profit increased four-fold to RM64.7mil from RM13.5mil in H1 20.