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Kenanga Group Posts All-Time-High RM1 Billion Revenue and RM155.5 million Operating Profit in FY2024

KEY HIGHLIGHTS
FY2024 VS FY2023
  • Revenue at RM1.0 billion, up by 22.3%
  • Operating Profit at RM155.5 million, up by 88.7%
  • Profit Before Tax ("PBT") at RM117.2 million, up 33.1%
  • Net Profit at RM95.8 million, up by 31.6%
  • Net Income at RM799.6 million, up by 22.6%
  • Operating Expense at RM644.0 million, up by 13.0%
  • Return on Equity at 8.75%, up by 25.8%
  • Earnings Per Share at 13.18 sen, up by 31.3%
  • Net Equity Trading Investment Income at RM55.8 million, up by 30.8%
  • Overall Market Share at 9.6%, Retail Segment Market Share at 25.3%
  • Asset Under Administration ("AUA") at RM23.5 billion, up by 8.5%

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 26 February 2025 - Kenanga Investment Bank Berhad ("Kenanga Group" or "The Group"), Malaysia's leading independent investment bank, today delivered one of its strongest financial results to date for the financial year ended 31 December 2024 ("FY2024").

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