SET listed firms report 9-month profit jump
Play
Companies listed on the Stock Exchange of Thailand report combined net profit of Bt681.389 billion in the first nine months, up by 34.94 per cent year on year, but revenue down by 4.41 per cent to Bt7.36 trillion, said Santi Kiranand, senior executive vice president and head of the SET’s Issuer Marketing Division.
In the third quarter, 527 of the total 565 listed companies reported a combined net of Bt208.99 billion, up by 251.68 per cent over the same period last year, mainly from low production costs from the decline in oil prices.
Santi said the energy, utilities and petrochemical industries reported declining revenue.
