RCE posts net profit of RM31.55mil in second quarter


PETALING JAYA: RCE Capital Bhd’s net profit came in lower at RM31.55mil for the second quarter of its financial year ending March 31, 2022 (Q2’FY22) compared with RM32.99mil in Q2’FY21.

The non-bank financial institution attributed the decline in earnings to lower refinancing activities by customers, offset with lower allowances for impairment loss on receivables and other expenses.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

RCE Capital Bhd ,

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?
Perak Corp gets extension

Others Also Read