A comparative study on performance of Syarikat Takaful Malaysia Bhd before and after economic crisis from the year of 1996 to end of 2000 / Khairun Suriana Nasir

• Main Author: Nasir, Khairun Suriana
• Format: Thesis
• Language: English
• Published: 2000
• Subjects: Finance and cycles. Financial crises. Convergence (Economics); HG Finance; Insurance
• Online Access: https://ir.uitm.edu.my/id/eprint/65971/1/65971.pdf; https://ir.uitm.edu.my/id/eprint/65971/

Much ink has been shed on the causes of the financial crisis that started in July 1997. It is common knowledge that the economies of East Asia have been adversely affected. There is paucity of evidence , however, on the extent to which Malaysia companies have becn affected by the crisis. This paper examines the extent to which the financial crisis that stated in July 1997 has effected the profit and turnover levels of Takaful company's, Syarikat Takaful Malaysia Bhd The report are taken for the period 1996 to 2000 whereby consist of 5 years performance. The profit performance figures were compared with the corresponding pre-crisis period in the mid-year of 1997. The result show that net profit declined to negative figure in year 1998 as can see in the annual company report. While for the turnover also shows the declining for the year 2000 after it show the stable growth from 1996 until 1999. The result also showeda sluggish adjustment in dividend and stock market. Then for the first half year of 1999 it looks that the economy is once again on its path to sustained growth. Nevertheless, this descriptive research will only concentrate on the time series analysis of the 5 variables which stated as turnover as 'economic indicator variable, while net profit, EPs, DPS and market price are independent variables. The analysis is done by looking for the year 1996 to 2000.