CIMB's 3Q pre-tax profit improves sequentially on higher operating income

KUALA LUMPUR: CIMB Group Holdings Bhd recorded a pre-tax profit of RM454mil in the third quarter ended Sept 30,2020, up 132% from the immediate preceding quarter on higher operating income across nearly all its segments.

Over the nine months period to Sept 30, the group registered a pre-tax profit of RM1.36bil and net profit of RM979mil, which translates to an annualised return on equity of 2.3% and earnings per share of 9.9 sen for the period.