RHBCap: Sets RM1.4bn net profit target this year

RHB Capital Bhd  (RHBCap) has set another  record profit  target of RM1.4bn  for  the  financial year ending Dec 31, 2010 (FY10) after maintaining  the over-RM1bn mark  in FY09 despite operating  in a  tougher economic environment.  Its group managing director Datuk Tajuddin Atan said the group expected to achieve the target on the back of an economic recovery and efforts put  in place under  its  transformation programme. Tajuddin said RHB Capital would  focus on driving  revenue from seven key areas, and added that the group’s new key focus included treasury income. (Financial Daily)

Popular posts from this blog

Malaysia Inflation to start easing end-3Q or early 4Q2011

Trump’s Win – Bark Worse Than Bite?

FBM KLCI Technical Outlook