EPF 1H investment income up 25% to RM34.05b

  • 📰 staronline
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

An increase of RM6.79bil, or 25%, compared with RM27.26bil a year ago.

EPF Chief Executive Officer Datuk Seri Amir Hamzah Azizan said, “The EPF delivered a resilient performance in 1H 2021 driven by the progressive recovery of the equity markets and most asset classes amid the global rebound."

Total gross investment income for the second quarter was RM14.77bil, or RM0.35bil lower than RM15.12bil a year ago. "After netting off these write-downs, a total of RM14.56bi of investment income was recorded in 2Q 2021, 8% higher than the RM13.46bil recorded in 2Q 2020," it said. As for real estate and infrastructure, and money market instruments, meanwhile, recorded RM1.40bil and RM0.20bil respectively.

In 2Q, 2021, overseas investments generated an income of RM8.71bil, 59% of the total gross investment income recorded. As for real estate and infrastructure, and money market instruments, they recorded RM1.40bil and RM0.20 billion respectively.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

16% dividend next year?🥲

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines