Takaful Malaysia's Net Profit Narrows To RM83.82 Mln In 2Q 2025

KUALA LUMPUR, Aug 21 (Bernama) -- Syarikat Takaful Malaysia Keluarga Bhd’s net profit narrowed to RM83.82 million in the second quarter ended June 30, 2025 (2Q 2025) from RM93.10 million in 2Q 2024. 

Revenue rose to RM1.01 billion from RM998.07 million previously, mainly contributed by the Family Takaful business, according to its filing with Bursa Malaysia today. 

On prospects, Takaful Malaysia expects demand for takaful and insurance to remain healthy, given the continuing gap in protection.  

“The group’s core businesses in Bancatakaful, Treasury, Employee Benefits and General Takaful are key drivers of our success as a leader in the Takaful industry, and we continue to observe good demand in these segments,” it said. 

In the first half of financial year 2025 (1H2025), the company’s net profit declined to RM178.36 million from RM195.40 million in 1H2024, while revenue advanced to RM2.14 billion from RM1.96 billion previously. 

Group chief executive officer Nor Azman Zainal said with its strengthened core businesses, the company is well-positioned to navigate the remainder of the year with agility.

“Customer-centric innovation, digital enablement, and environmental, social, and governance integration will continue to anchor our strategy, delivering long-term value to stakeholders while contributing to Malaysia’s socio-economic progress and environmental stewardship,” he said. 

-- BERNAMA