RCE Cap 1Q earnings rise to RM37mil

PETALING JAYA: RCE Capital Bhd (RCE Cap) will continue to focus on digitalisation and technological enhancement across all business platforms.

In a filing with Bursa Malaysia, the consumer financing firm said it will unveil more sales campaigns throughout the financial year.

For its first quarter ended June 30, 2023, RCE Cap’s net profit rose to RM36.88mil from RM32.23mil in the previous corresponding period, while revenue grew to RM83.97mil from RM77.66mil a year earlier. Earnings per share stood at 5.03 sen versus 4.40 sen previously.

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