Kenanga reports RM34m for 1Q on higher contribution from broking segment, profit share from Rakuten JV

Kenanga reports RM34m for 1Q on higher contribution from broking segment, profit share from Rakuten JV

The Edge Markets - Technology·2021-06-02 05:08

KUALA LUMPUR (June 1): Kenanga Investment Bank Bhd posted a net profit of RM34.16 million for the first quarter ended March 31, 2021 (1QFY21), compared with a net loss of RM6.95 million a year ago.

Revenue surged 51.28% to RM250.12 million from RM165.33 million.

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