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CIMB Thai 2Q net profit up 794% on year

Mimi Sabreena 1:40:00 PM Informasi

KUALA LUMPUR (July 19): CIMB Group Holdings Bhd said its 94.11%-owned unit CIMB Thai Bank PCL's second quarter net profit rose 794% to THB356.64 million (about RM46.36 million) from a year earlier as operating income rose on higher net interest income and foreign exchange transaction gains.

CIMB Group told Bursa Malaysia today that CIMB Thai's THB356.64 million net profit in the second quarter ended June 30, 2017 (2QFY17) rose from THB39.89 million. Total operating income rose to THB3.25 billion from THB3.17 billion.

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