Monday, September 16, 2019

LISTED BANKS POST 6.5% RISE IN Q1 NET PROFIT 

Apr 23. 2019
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By The Nation

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SET -listed banks recorded a total net profit of Bt55.1 billion in the first quarter of this year, up 6.5 per cent from the same period last year due mainly to additional profit from investments, and lowering cost on allowance for doubtful accounts, according to the Kasikorn Research Centre.

 

The research centre said banks would have fared worse if not for the extra, given the drop in their fee and interest incomes. 

 

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