TAKAFUL MALAYSIA Q3 NET PROFIT JUMPS 30%

The Sun (Malaysia) - - SUNBIZ -

PETALING JAYA: Syarikat Takaful Malaysia Bhd saw its third quar­ter net profit jump 30% for the quar­ter ended Sept 30, 2016 on higher sales from its fam­ily and gen­eral takaful busi­ness. The group made a net profit of RM44.86 mil­lion for the quar­ter com­pared with RM34.42 mil­lion. This was on an al­most 10% in­crease in rev­enue to RM426.97 mil­lion, com­pared with RM389.24 mil­lion for the quar­ter ended Sep 30, 2015. The group said Takaful Malaysia will con­tinue its value propo­si­tion of re­ward­ing its cus­tomers with 15% cash back for gen­eral takaful prod­ucts for 2016 and es­tab­lish a strong foothold in the lo­cal in­sur­ance and takaful arena as the pre­ferred choice for in­sur­ance.

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