The Kenanga Investment Bank Berhad Group today announced its financial results for the first quarter ended 31 March 2018.
The Group recorded a Profit Before Tax of RM23.6 million at the end of its first quarter, over three fold more than the RM5.5 million of Q1 2017.
Even after normalising the one-off bad debt recovery of RM12 million, the Group still registered a PBT of RM11.6 million, more than double the RM5.5 million from the same period last year. This was largely driven by the marked improvements in profitability on the back of higher net brokerage and management fee income.travel all russia reviewsкныш никита
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