AmBank Research said CIMB Group Holdings, a 93.7-per-cent-owned subsidiary of CIMB Thai, released its 2QFY18 results with a higher net profit of Bt191 million, an increase of 13.2 per cent quarter-on-quarter.
The first-half net profit of CIMB Thai fell 24.6 per cent year-on-year to Bt360 million, largely due to higher operating expenses that offset an improvement in total income.