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Update RHB Capital 4Q profit jumps 24% y-o-y to RM505m

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Update RHB Capital 4Q profit jumps 24% y-o-y to RM505m Empty Update RHB Capital 4Q profit jumps 24% y-o-y to RM505m

Post by Cals Tue 25 Feb 2014, 01:35

Update RHB Capital 4Q profit jumps 24% y-o-y to RM505m
Business & Markets 2014
Written by Jeffrey Tan of theedgemalaysia.com   
Monday, 24 February 2014 13:05

KUALA LUMPUR (Feb 24): RHB Capital Bhd’s net profit jumped 24% year-on-year (y-o-y) to RM505 million in the fourth quarter ended Dec 31, 2013, from RM408 million.

Revenue also rose 13% y-o-y to RM2.5 billion from RM2.2 billion.

RHB Capital’s chairman, Dato Mohamed Khadar Merican said: “We proposed a final single tier dividend of 10.30% (10.3 sen per share) totalling RM262.3 million.”
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