For 3Q14, CIMB reported a net profit of RM890.3 mil from RM3.53 bil revenue, 16.2% lower than RM1.06 bil net profit from RM3.48 bil recorded in 3Q13.
Tough Indonesian market drags down CIMB 3Q earnings
www.kinibiz.com
Banking group CIMB Group Holdings Bhd saw its quarterly net profit drop by 16% as its Indonesian arm dragged down group earnings for the third quarter ended Sept 30, 2014 (3Q14).