Syarikat Takaful jumps as profit beats forecast

Syarikat Takaful jumps as profit beats forecast

The Edge Markets - Malaysia·2019-10-25 10:13

KUALA LUMPUR (Oct 25): Syarikat Takaful Malaysia Keluarga Bhd's share price jumped as much as 52 sen or 8.39% to RM6.72 in morning trades today after the Islamic insurer reported yesterday its third quarter net profit, which surpassed market forecast.

Yesterday, Syarikat Takaful said that for the third quarter ended Sept 30, 2019 (3QFY19), net profit rose to RM112.34 million from RM83.96 million a year earlier. Cumulative nine-month net profit was higher at RM289.73 million versus RM204.35 million a year earlier.

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