Kenanga Investment Bank Announces Second Consecutive Best Performing Year

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RM118.8 Million Net Profit and 10.5 sen dividend declared – highest since becoming an investment bank


KEY HIGHLIGHTS

FY2021 vs FY2020
· Net Profit at RM118.8 million, up by 16.2%
· Net Income at RM784.5 million, down by 5.1%
· Operating Expense at RM648.5 million, down by 7.4%
· Return on Equity at 11.5%, up from 10.7%
· Earnings Per Share at 16.3 sen, up by 11.9%
· Net Equity Trading Investment Income at RM65.8 million, up by 0.5%
· Market Share of Retail Stockbroking at 24.2%, up from 22.2%
· Asset Under Administration (AUA) at RM18.8 billion up by 35.8%

KUALA LUMPUR, MALAYSIA – Media OutReach – 25 February 2022 – Malaysia’s leading independent investment bank, Kenanga Investment Bank Berhad (“Kenanga” or the “Group”) delivered a new all-time high performance with its full year results ended 31 December 2021, surpassing its record performance from the year before.