CIMB Thai Bank suffers 5.6% drop in consolidated operating income
THURSDAY, APRIL 20, 2017
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CIMB Thai Bank's unaudited financial results for the first quarter of this year show a 5.6 per cent drop in its consolidated operating income to Bt3.12 billion from the year-earlier period.
The bank said its net profit fell 63 per cent to Bt121.2 million from the first quarter of last year, due mainly to a 7 per cent increase in provisions arising from rising non-performing loans.