KBANK Pays a Dividend at ฿0.50, XD Sep. 11, after Booking ฿9.9bn of Profit in 2Q2019

Kasikornbank Public Company Limited (KBANK) has approved the interim dividend payment for the 2Q2019 operating results to ordinary shareholders at the rate of ฿0.50/share, totaling ฿1,196,630,096.50.

The interim dividend was derived from retained earnings which were subject to corporate income tax of 30%. The ex-dividend date is on 11 September 2019 and the interim dividend payment shall be made on 27 September 2019.

In the second quarter of 2019, KBANK and its subsidiaries reported net profit amounting to THB 9,929 million, a decrease from the preceding quarter of THB 115 million or 1.15%, and a decrease of THB 1,709 million or 7.88% from the same period of 2018.
Operating performance for the first half of 2019 compared with the first half of 2018, KBank and its subsidiaries reported net profit of THB 19,973 million, a decrease of THB 1,709 million or 7.88% over the same period of 2018. Net interest income increased by THB 2,960 million or 6.16% mainly due to interest income from loans to customers and investments.