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WHOLESALE BANKING | Cesar Tordesillas, Malaysia

RHB Capital pre-tax profit down to $184.3M

RHB Capital saw its pre-tax profit for the first quarter ended March 31, 2012 fell to RM580.72 million or US$184.3 million from RM610.60 million.


But its revenue rose to RM1.90 billion from RM1.67 billion previously.

The group would continue to seek growth by strengthening its leadership in targeted markets and product segments.

"The group also plans to focus on successfully completing the proposed acquisitions of OSK Investment Bank  Group and Bank Mestika," it said.

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