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Search Result for “net profit”

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GENERAL

Big Tech sell-off takes toll on Asian equities

Business, Published on 27/07/2024

» RECAP: Asian equities were mixed on Friday as traders weighed the rising expectations of US interest rate cuts against continued weakness in technology shares after a protracted run-up in prices.

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GENERAL

Bangkok Hospital operator to expand capacity

Published on 24/07/2024

» Thailand’s biggest private hospital operator expects annual revenue to grow more than 10% through 2027 as it adds new beds to meet a jump in demand from international patients.

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GENERAL

Profits of 10 listed banks for H1 rise 3.7% to B126.4bn

Somruedi Banchongduang, Published on 23/07/2024

» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.

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GENERAL

China shares lead regional decline as risk rises

Business, Published on 20/07/2024

» RECAP: Asian equities and currencies declined on Friday as economic and geopolitical risks trumped market optimism surrounding US interest-rate cuts. Mainland Chinese stocks in Hong Kong led the region's losses as the Communist Party's third plenum failed to convince investors about economic growth impetus.

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INVESTMENT

Uptick rule helping to make SET more robust

Business, Published on 20/07/2024

» The Thai stock market has become more robust over the past three weeks following the introduction of an uptick rule that has helped tighten control over short-selling and reduced volatility.

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GENERAL

Country's leading banks post mixed results for first half

Business, Somruedi Banchongduang, Published on 20/07/2024

» The big three banks reported mixed results for the first half of this year.

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GENERAL

Banks' Q2 earnings estimated at B61bn

Business, Nuntawun Polkuamdee, Published on 19/07/2024

» Analysts expect banks to report combined earnings of 61 billion baht in the second quarter, down 2% from three months earlier and flat from the corresponding period last year, due to lower interest rate income, slowing lending and interest rate cuts to help retail customers.

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GENERAL

Much hangs on Gulf, InTouch deal

Business, Published on 18/07/2024

» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.

INVESTMENT

Tisco recommends investors consider emerging markets

Business, Nuntawun Polkuamdee, Published on 16/07/2024

» Tisco Bank recommends investors opt for stocks in emerging markets (EMs), growth stocks and global bonds to increase their returns in the second half of this year, when global interest rates are expected to decline and the economy recovers.

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INVESTMENT

SET clawing its way back from four-year low

Business, Published on 13/07/2024

» The Stock Exchange of Thailand (SET) was sluggish in June as political turmoil hit the market midway through the month, dragging the index to its lowest point in almost four years at 1,281.87 points.