Tisco sees big jump in first-quarter profits
Play
Tisco Financial Group has announced a net profit of Bt1.766 billion for the first quarter of this year, up 18.5 per cent from the same period of last year, the group’s chief executive Suthas Ruangmanamongkol said on Wednesday.
He said interest income grew 20.3 per cent year on year, while non-interest income growth was up 13.3 per cent. Non-performing loans were 2.32 per cent in the first quarter of this year.
The group is confident of a big increase in loan growth, especially mortgage and hire-purchase, in the second quarter, he said.
