MNRB Holdings Berhad announced unaudited consolidated earnings results for the second quarter and six months ended September 30, 2018. For the quarter, the company announced net earned premiums/contributions of MYR 403,460,000 compared to MYR 516,432,000 for the same period a year ago. Operating loss before surplus attributable to takaful participants, zakat and taxation was MYR 6,317,000 compared to profit of MYR 75,773,000 for the same period a year ago. Operating profit before zakat and taxation was MYR 23,935,000 compared to MYR 27,568,000 for the same period a year ago. Net profit for the period was MYR 19,698,000 compared to MYR 20,719,000 a year ago. Basic earnings per share attributable to equity holders of the company were 6.2 sen compared to 6.5 sen for the same period a year ago. Revenue was MYR 561,801,000 compared to MYR 656,331,000 a year ago.

For the six months, the company announced net earned premiums/contributions were MYR 821,056,000 compared to MYR 983,230,000 for the same period a year ago. Operating profit before surplus attributable to takaful participants, zakat and taxation was MYR 66,097,000 compared to MYR 119,778,000 for the same period a year ago. Operating profit before zakat and taxation was MYR 66,977,000 compared to MYR 94,410,000 for the same period a year ago. Net profit for the period was MYR 47,976,000 compared to MYR 71,158,000 for the same period a year ago. Basic earnings per share attributable to equity holders of the company were 15 sen compared to 22.3 sen for the same period a year ago. Revenue was MYR 1,106,124,000 compared to MYR 1,261,906,000 a year ago.

Barring any unforeseen circumstances, the Group is expected to achieve satisfactory results for the current financial year ending 31 March 2019.