MTC’s 1Q20 Profit Jumps 23% to Book ฿1.23bn as an Increase of Loan Receivables Income
MTC’s 1Q20 Profit Jumps 23% to Book ฿1.23bn as an Increase of Loan Receivables Income
Muangthai Capital Public Company Limited (MTC) has reported its 1Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;
MTC reported a net profit of 1,237 million baht in 1Q20, increased 232 million baht or 23.07% when compared to a net profit of 1,005 million baht in 1Q19 mainly due to an increase of interest and fee income from loan receivables and fee and service income.
Total revenue for the three month period ended March 31, 2020 is 3,540 million baht, increased from the same period in the previous year by 682 million baht or 23.86%.
