Syarikat Takaful Malaysia Bhd's profit before zakat and taxation increased 81 per cent to RM60 million, for the nine months ended 30 Sept, 2011 as compared with RM33.2 million last year.
The group operating revenue for nine months increased by 18 per cent to RM1.04 billion from RM889 million in the same period of the preceding year.
Its group managing director, Datuk Mohamed Hassan Kamil attributed the growth to the General Takaful and Group Family Takaful businesses. "Our investments also performed well for the nine months despite the market correction in the third quarter.
"Our track record in managing the internal takaful funds clearly indicate our ability to outperform the market for investment linked shariah funds," he said in a statement today.
Takaful Malaysia had recently declared an interim dividend of seven per cent. This comprised five per cent less 25 per cent taxation and two per cent single tier, which will result in a payout on Dec 2, 2011 amounting to RM9.36 million in respect of the financial year ending Dec 31, 2011. -- Bernama
The group operating revenue for nine months increased by 18 per cent to RM1.04 billion from RM889 million in the same period of the preceding year.
Its group managing director, Datuk Mohamed Hassan Kamil attributed the growth to the General Takaful and Group Family Takaful businesses. "Our investments also performed well for the nine months despite the market correction in the third quarter.
"Our track record in managing the internal takaful funds clearly indicate our ability to outperform the market for investment linked shariah funds," he said in a statement today.
Takaful Malaysia had recently declared an interim dividend of seven per cent. This comprised five per cent less 25 per cent taxation and two per cent single tier, which will result in a payout on Dec 2, 2011 amounting to RM9.36 million in respect of the financial year ending Dec 31, 2011. -- Bernama
