Takaful Malaysia 1Q24 net profit rises to RM102.29mil

KUALA LUMPUR: Syarikat Takaful Malaysia Keluarga Bhd’s (Takaful Malaysia) net profit for the first quarter of 2024 ended March 31, 2024 (1Q 2024), rose to RM102.30 million from RM93.44 million in 1Q 2023.

Revenue increased to RM1.02 billion from RM757.38 million previously, driven by higher revenue recorded by both the takaful and takaful service results, it said in a filing with Bursa Malaysia.