Monday 14 September 2015

BIMB Q2 earnings flat at RM129m on higher costs

BIMB Holdings Bhd’s net profit was relatively flat at RM129.89mil for the second quarter ended June 30, 2015, compared with RM129.67mil a year ago, as higher costs offset income growth.

BIMB said on Monday that during the quarter in review, the earnings per share (EPS) of the financial services provider stood at 8.42 sen, compared with 8.68 sen previously.

The group’s revenue, however, saw a growth of 10.9% to RM814.71mil in the second quarter this year, compared with RM734.6mil in the previous corresponding period.

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