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CIMB Thai's FY23 net profit down 44.9% to 1.61billion baht

KUALA LUMPUR: CIMB Thai Bank PCL’s net profit fell to 1.61 billion baht, a decrease of 44.9 per cent year-on-year (y-o-y) for financial results for the year ended Dec 31, 2023 (FY2023) due to operating expenses growth exceeding operating income growth, coupled with a 48.5 per cent increase in expected credit loss (ECL). (100 baht = RM13.27) ....

Kuala Lumpur , Paul Wong Chee , Thai Bank , Group Holdings Bhd , International Settlements , Paul Wong Chee Kin , Bursa Malaysia , Cimb Thai ,

CIMB Thai records 9.9% jump in operating income in 1Q

KUALA LUMPUR: CIMB Group's banking franchise in Thailand posted a consolidated operating income in 1Q23 rose 9.9% year-on-year (y-o-y) to THB3.83bil (RM495.3mil) from the same quarter in 2022. ....

Kuala Lumpur , Paul Wong Chee , Thai Group , Wong Chee , Cimb Thai , Paul Wong Chee Kin ,

CIMB Thai registers 24.3% jump in 2022 net profit to RM395mil

KUALA LUMPUR: CIMB Thai Bank PCL, a 94.83% indirectly held subsidiary of CIMB Group Holdings Bhd, posted a net profit of THB3.03bil (RM395mil) in the financial year ended Dec 31, 2022, which represented a 24.3% increase from the previous year. ....

Kuala Lumpur , Paul Wong Chee , Group Holdings Bhd , Thai Bank , Wong Chee Kin , Cimb Thai , Paul Wong Chee Kin ,