ITD Posts a Net Loss of ฿347m after Recording Higher Expenses of ฿1.33bn in 2Q19

Italian-Thai Development Public Company Limited (ITD) has reported its 2Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

ITD recorded a net loss of THB 347.77 million in 2Q19 from a net profit of THB 29.81 million in 2Q18, mainly due to a record of higher expenses of THB 1,338.48 million in the quarter, increased from THB 781.56 million in 2Q18.