Corporate earnings briefs: Feb 24

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Allianz sees higher earnings from underwriting profits and lower expenses PETALING JAYA: Allianz Malaysia Bhd net profits rose 8.2% to RM144.03 millio...

PETALING JAYA:

Revenue for the period stood at RM916.49 million, a 21.7% decline from RM1.17 billion recorded previously. Meanwhile, the year saw revenue come in at RM4.05 billion, a 10.7% fall from RM4.54 billion recorded previously.Inari Amerton Bhd’s net profit rose over 140.4% to RM90.1 million for its second quarter ended Dec 31, 2020 compared to RM37.49 million registered in the corresponding quarter of the previous year from a higher revenue in its radio frequency business, recognition of deferred tax assets despite higher foreign exchange losses.

 

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