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Search Result for “net profits”

Showing 1 - 10 of 39

BUSINESS

Krungsri remains wary with buffers

Business, Pathom Sangwongwanich, Published on 04/02/2021

» Bank of Ayudhya, branded as Krungsri, plans to continue setting aside loan provisions this year, albeit at a lower rate, to cushion against economic uncertainties.

BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 18/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

BUSINESS

BoT: Exchange rate not a tool

Business, Pathom Sangwongwanich, Published on 17/12/2020

» Thailand has no intention of using the exchange rate as a tool to gain an unfair trade advantage and competitiveness over trading partners, says the Bank of Thailand.

BUSINESS

Recovery unlikely until 2022

Business, Pathom Sangwongwanich, Published on 08/12/2020

» Thailand's economy is forecast for clear recovery momentum in 2022 as domestic demand will remain weak in 2021, says CIMB Thai Bank (CIMBT).

BUSINESS

Thai Union sees third-quarter profit rise by 50%

Business, Pathom Sangwongwanich, Published on 05/11/2020

» SET-listed Thai Union Group Plc (TU) saw its third-quarter net profit rising by 50% year-on-year, a quarterly record, due to strong sales growth and reduced losses in Red Lobster Seafood Co, the company's restaurant arm.

BUSINESS

ASP: Slower growth and exports tether baht

Business, Pathom Sangwongwanich, Published on 09/06/2020

» The baht's appreciation is not expected to be as profound as last year's surge because a lower current account surplus is projected thanks to slower growth in exports and tourism, says Asia Plus Securities (ASP).

BUSINESS

AEC gets juristic person funding, avoids capital rule snag

Business, Pathom Sangwongwanich, Published on 05/06/2020

» SET-listed AEC Securities has resolved its net capital rule problem by obtaining funding from a juristic person and has opted for a capital increase by allotting new ordinary shares to reduce future investment risk.

BUSINESS

AEC clarifies shortfall with SEC

Business, Pathom Sangwongwanich, Published on 28/05/2020

» SET-listed AEC Securities has clarified its failure to maintain net capital as required by the Securities and Exchange Commission (SEC), attributing the shortage to the calculation of its debenture holding.

BUSINESS

TU profits fall 20.2% in Q1 from foreign turmoil

Business, Pathom Sangwongwanich, Published on 06/05/2020

» SET-listed Thai Union Group (TU), a global seafood conglomerate, reported a 20.2% year-on-year fall in first-quarter net profit despite strong sales because of foreign exchange losses and lower equity income.

BUSINESS

Researchers predict post-pandemic norms

Business, Pathom Sangwongwanich, Published on 21/04/2020

» Societies and consumer behaviour could enter a "next normal" phase where on-demand needs of goods and services are serviced instantly through smartphone applications after the pandemic ends.