EPF reports 20% rise in investment income to RM57.57bil for 9M24

Quick Summary:

KUALA LUMPUR: The Employees Provident Fund (EPF) reported an investment income of RM57.57bil for the nine months ending Sept 30, 2024 (9M24), marking a 20% increase from RM47.86bil in the same period in 2023.

Of the total investment income, RM48.02bil was generated for Simpanan Konvensional, and RM9.55bil for Simpanan Shariah.

In the third quarter, the EPF's investment income reached RM19.67bil, up RM5bil from RM14.67bil in the same period in 2023.

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Category: EconomyBusiness

Markets: MalaysiaChina

Topics: Income Investment EPF Real Estate Corporate News Equity Ahmad Zulqarnain Onn /Business/Business News

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 18:47:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 790 words

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News ID: 23515025

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