Bangkok Bank Reports Net Profit of Baht 17.9 Billion
Bangkok–19 Jan–Bangkok Bank Public Company Limited
Highlights for 2006:
- Pre-tax and pre-provisioning profit increased by 21.8 percent
- Net interest margin improved from 2.87 percent in 2005 to 3.13 percent
- Gains on sale of investment rose by Baht 4.2 billion or more than five-fold
- NPLs improved from 10.9 percent in 2005 to 9.2 percent in 2006
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Prachai expects TPIPL profit to grow?
Prachai Leophairatana has sold a portion of his stake in TPI Polene, then he said this to Reuters:
TPI Polene Thailand’s third largest cement firm, said on Thursday it expected growth in net profit this year, despite analyst forecasts of a fall, due to lower energy costs.
Revenues would be flat or increase slightly, chairman Prachai Leophairatana said in an interview.
