Hey folks.
I have gone back to KCB’s PBT growth momentum
for FY2010 over FY2009 - and it bloomed as follows.
Q1 – +10%
Q2 – +16%
Q3 - +23%
FY - +56% (2009:6.3B, 2010:9.8B)
Beautiful..
Thus, presuming that the same PBT growth trend can be
replicated in FY2011, especially now that all subsidiaries
are turning profitable, then come the full year 2011 this
bank will yet again record wonderful profits. (Subsidiaries
contributed a 2B loss to the group last year).
NB:KCB has kicked off 2011 with Q1 growth of 33% compared to and above Q1 2010's 10% growth.