Wednesday 24 Apr 2024
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KUALA LUMPUR: BIMB Holdings Bhd expects to achieve a return on equity (ROE) of 23% in financial year ending Dec 31, 2015 (FY15), according to the Islamic financial services provider’s key performance indicators (KPI). In a statement to Bursa Malaysia yesterday, BIMB said it expected a return on assets of 1.6% in FY15.

“The headline KPIs set by BHB (BIMB), reflect the BHB Group’s main corporate targets in pursuing sustainable financial results. In this respect, please note that these headline KPIs are targets or aspirations set by BHB, as a transparent performance management practice. This announcement of headline KPI targets is disclosed on a voluntary basis and shall not be construed as forecasts, projections or estimates of the BHB Group, or representations of any future performance,” BIMB said.

 

This article first appeared in The Edge Financial Daily, on December 12, 2014.

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