High Operating and Interest Income Hike CIMBT’s Profit in 3Q19 by 68%

CIMB Thai Bank Public Company Limited (CIMBT) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

CIMBT booked 298.13 million baht of profit in 3Q19, increased 68.19% when compared to the same period of last year. The increase in profit was due to the operating income that rose by 236.4 million baht or 2.3% to 10,386.8 million baht from a 3.1% increase in net interest income.

The gross non-performing loans (NPLs) stood at 11.1 billion baht, with an equivalent gross NPL ratio of 4.6%, increased from 4.3%.