CHAYO’s Net Profit in 1Q21 Surges 74% to ฿65Mn, Owing to Higher Interest Income
CHAYO’s net profit for the first quarter of 2021 was at 64.91 million baht which increased from the last year around 74.26%.
Chayo Group Public Company Limited (CHAYO) has announced its 1Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;
CHAYO’s net profit for the first quarter of 2021 was at 64.91 million baht which increased from the last year around 74.26%. The main reason for the increment mainly arose from the increment of interest income.
In 1Q21, CHAYO had a total income of 176.44 million baht which increased from last year around 65.65 million baht or 59.26%. The reason for the increment mainly arose from the increment of interest income from loan to non-performing assets and income from Lending Business around 66.65 million baht and 0.69 million baht, respectively.
