BIMB Holdings posts higher net profit on stronger ops
Bank Islam Malaysia Bhd group recorded a 6.1% increase in PBZT of RM219.9mil from RM207.20mil a year ago mainly due to higher total net income.
KUALA LUMPUR: BIMB Holdings Bhd 
achieved a 17.7% increase in net profit to RM202.51mil in the first quarter ended March 31, 2019 compared with RM172.31mil a year ago, underpinned by stronger performances of its banking and takaful businesses.
BIMB said in a statement that profit before zakat and taxation (PBZT) rose by 16.8% to RM319mil.
Operating profit increased by 14.9% to RM376mil from RM327.3mil. Earnings per share were 11.63 sen compared with 10.26 sen previously. Its annualised return on equity was 16.1% after tax and zakat. Net assets per share improved to RM3.09 from RM2.97 as at Dec 31, 2018.
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