Monday, November 9, 2009

EON Cap 3Q net profit up 9.3% to RM75.35m

KUALA LUMPUR: EON CAPITAL BHD []'s net profit rose 9.3% to RM73.35 million in the third quarter ended Sept 30 from RM68.95 million a year ago, due to net interest income and from its Islamic banking operations.

It said on Monday, Nov 9 that net profit fell to RM598.87 billion from RM611.04 billion a year ago. Earnings per share were 10.87 sen compared with 9.95 sen.

However, when compared with the second quarter, the earnings showed a decline due to higher allowances for losses on loans, advances and financing, other operating expenses and impairment losses on securities.

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