Affin Hwang Research maintains Reduce on CIMB



The research house said CIMB Group’s 9M14 core net profit of RM2.890bil was hit by high allowances, caused by deterioration in CIMB Niaga’s asset quality. Excluding Indonesia, group earnings grew instead by 6% on-year. Results were within our expectations, but below consensus, it added.

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!
   

Others Also Read