Within expectations. Allianz recorded 1QFY12/10 net profit of RM23.2m, an increase of RM2.93m or 14.5% yoy. Revenue increased by 28.2% yoy, underpinned by growth in both life and general insurance gross premiums. 1Q net profit came in at 21% of our full year earnings estimate and 25.5% of consensus estimate, which we consider to be in line with expectations.
Allianz Malaysia Berhad : 1QFY12/10 Results Within Expectations-27/05/2010
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