KKP Books ฿6bln. of Profit in 2018, Rising 5% from Interest Income

Kiatnakin Bank Public Company Limited (KKP) has reported its 2018 consolidated financial statement through the Stock Exchange of Thailand as follows:

The consolidated net profit for the year 2018 totaled ฿6,042 million, an increase of 5.3% from ฿5,737 million in 2017. Interest income was ฿16,294 million, increased 9.8% from 2017 from loan expansions. Interest income on loans increased by 23.5% yoy with interest income from hire purchase and financial lease also increasing by 3.1% yoy. Interest on investment in loans declined 39.1%.