Friday 30 October 2015

CIMB Niaga posts higher Q3 earnings on-quarter

PT Bank CIMB Niaga Tbk posted net profit of 442bil rupiah in the third quarter ended Sept 30, 2015 – which was 375.3% higher from the 193bil rupiah in the second quarter.

It said on Friday the consolidated business as usual (BAU) net profit had excluded the exceptional expense of 471bil rupiah from the mutual separation scheme in the third quarter.

“For the nine-month period ended Sept 30, 2015 (9M15), CIMB Niaga recorded a BAU net profit of 618bil rupiah and translating to a BAU earnings per share (EPS) of 24.60 rupiah,” it said.

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