Tuesday, 21 February 2012

Affin rises on improved Q4 income

Affin Holdings Bhd rose 1.3 percent to RM3.19 in Kuala Lumpur trading at 10.15am, headed for its biggest gain since Jan. 26.

Fourth- quarter net income rose 5 percent from year earlier to RM132.5 million (US$44 million), according to a stock-exchange filing.

The lender will target full-year earnings per share of 38.3 sen for this year, compared with 34 sen in 2011, it said. -- Bloomberg



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