Takaful Malaysia: Syarikat Takaful's 4Q net profit more than halves despite record high revenue

Syarikat Takaful Malaysia Keluarga Bhd's net profit for the fourth quarter ended Dec 31, 2022 (4QFY22) was down 52% to RM74.9 million from RM156.1 million a year ago, as it incurred higher non-deductible expenses and the prosperity tax for the financial year ended Dec 31, 2022 (FY2022).