GNP net income increased 26%
GNP net income increased 26% in FY2023 to RM 13.04 billion compared to 10.38 billion in FY2022 due to investment gains in fixed income, real estate, private and foreign markets.
The increase in net income is contributed by how many factors.
The increase in net income is contributed by how many factors.
PNB sold MIDF to MBSB through a RM1.01 billion share exchange.
PNB has a 36.95% stake in Sime Darby. Not only that, PNB has also finalized the merger of UMW with Sime Darby last year.
PNB has a 36.95% stake in Sime Darby. Not only that, PNB has also finalized the merger of UMW with Sime Darby last year.
Sime Darby also divested Ramsay Sime Darby Health Care to Columbia Asia Healthcare for RM5.7 billion to focus on its core business of automotive and industrial equipment.
In addition, PNB is working with EPF and KWAP in a RM2 billion sale and leaseback transaction with Osram Opto Semiconductors to open space for high-quality industrial real estate investment in Malaysia.
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