MNRB net profit at 50-year high in FY24


MNRB said the takaful segment has continued to grow.

PETALING JAYA: MNRB Holdings Bhd (MNRB) aims to continue pursuing growth in overseas markets and venture into specialised business lines for its reinsurance and retakaful segment.

The insurer and reinsurer topped the gainers’ list on Bursa Malaysia yesterday, surging 30%, which was its largest one-day gain, after it announced 50-year high earnings for the financial year ended March 31, 2024 (FY24).

Uh-oh! Daily quota reached.


Experience an ad-free unlimited reading on both web and app.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

FBM KLCI bucks regional trend as stocks bounce
Ramssol inks strategic partnership with Ramco Systems to expand market share
Ringgit opens lower against US$, mostly higher vs other major currencies
Google commits RM9.4bil for Google data centre and cloud region in Malaysia
Lagenda sell-off continues
Weakness on Bursa Malaysia continues as Fed releases more hawkish data
Trading ideas: Lagenda, SkyWorld, Fajarbaru, Mitrajaya, Vizione, Epicon, Sentoria, IHH, Axiata, RHB, PetGas, TIME, Hap Seng, PetChem
YTL Power’s Ranhill acquisition a positive
DBS expands HK private banking headcount by 25% on better fund flow
Vizione wins RM250mil construction job

Others Also Read