Bursa Alert
Global Market
NewsCIMB H1 profit up, declares RM892m payout
Page 1 of 1
CIMB H1 profit up, declares RM892m payout
by hlk Tue 23 Aug 2011, 19:39
CIMB Group Holdings Bhd today reported that its pre-tax profit rose by 8.5 per cent to RM2.51 billion for the first half year financial period ended June 30, 2011, as credit losses remained subdued.
Revenues however decreased by 1.5 per cent to RM5.71 billion due to lower non interest income as last year's revenues were boosted by sales of ex-Lippo Bank bonds.
Excluding this, revenue would have increased 3.5 per cent for the period.
It reported a record half year net profit of RM1.887 billion for the period, representing a 9.3 per cent growth.
Announcing the results here today, the group declared an interim net dividend of 12 sen per share which will amount to a net payment of RM892 million, translating into a dividend payout ratio of 47 per cent for the half year net profit. -- Bernama
Revenues however decreased by 1.5 per cent to RM5.71 billion due to lower non interest income as last year's revenues were boosted by sales of ex-Lippo Bank bonds.
Excluding this, revenue would have increased 3.5 per cent for the period.
It reported a record half year net profit of RM1.887 billion for the period, representing a 9.3 per cent growth.
Announcing the results here today, the group declared an interim net dividend of 12 sen per share which will amount to a net payment of RM892 million, translating into a dividend payout ratio of 47 per cent for the half year net profit. -- Bernama
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Quill REIT 2Q profit drops 3.9% to RM8.56m, declares 4.10 sen payout
» OSK-UOB declares payout for fund
» Amanah Mutual declares 8 sen payout
» TA Invt declares 1.5 sen interim payout
» Golden Palm Growers declares payout
» OSK-UOB declares payout for fund
» Amanah Mutual declares 8 sen payout
» TA Invt declares 1.5 sen interim payout
» Golden Palm Growers declares payout
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum