KUALA LUMPUR, Feb 27 - BIMB Holdings Bhd (“BHB”), Malaysia’s premier Islamic financial services group today announced a RM34.8 million increase or 4.2% year-on-year in Profit before Zakat and Taxation (PBZT) to RM869.2 million for the financial year ended 31 December 2016 (“FY2016”).
The group and its main subsidiaries, Bank Islam and Takaful Malaysia have recorded historically the highest level of profits thus far.
Kuala Lumpur, Feb 24 – Titijaya Land Bhd, a Malaysian property developer listed on the Main Market of Bursa Malaysia Securities, announced a 16% increase in its profit after tax (“PAT”) at RM20.4 million for the second quarter ended December 31, 2016 (Q2FY2017), as compared to the RM17.6 million registered in the corresponding period last year.
The increment was mainly due to higher profit recognition from H2O, 3Elements and Embun projects (“Projects”). The Projects have an estimated gross development value (“GDV”) of RM793.99 million, RM435 million and RM98 million respectively.
SEPANG, Feb 23 – AirAsia X Bhd yesterday reported its financial results for the Fourth Quarter (“4Q16”) and Full Financial Year ended 31 December 2016.
AAX posted a quarterly revenue of RM1.17 billion, up 39% from the same quarter last year. The strong revenue recorded was on the back of a 40% year-on-year (“YoY”) growth in the number of passengers carried to 1.38 million which was in line with the 44% Available Seat per Kilometer (“ASK”) capacity growth, allowing the Company to record a load factor of 81%.