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Search Result for “net profits”

Showing 1 - 8 of 8

THAILAND

BLA Reports Strong 42% Profit Growth in 2024

Published on 20/02/2025

» Bangkok Life Assurance Public Company Limited (BLA) has announced its financial performance for the fourth quarter of 2024, reporting a net profit of THB 954 million, representing a remarkable 166% year-on-year growth. This increase was driven by first-year premium income of THB 2,014 million, up 28%, primarily attributed to a 43% growth in bancassurance channel sales. As a result, the company achieved a full-year net profit of THB 3,623 million, a 42% increase from the previous year. The Board of Directors has approved a dividend payout of THB 0.68 per share for 2024, amounting to a total dividend distribution of THB 1,159 million. 

THAILAND

Naturale Phuket Unveils Award-Winning Luxury Pool Villas

Published on 20/02/2025

» Phuket, Thailand – AAG Development has officially launched the show villa for Naturale Phuket Luxury Pool Villas, an exclusive high-end residential project in Bang Tao that seamlessly integrates luxury, wellness, and world-class living. Recognised with multiple international accolades, the development sets a new standard for premium family living in Phuket.

THAILAND

Plus Property Targets Luxury Growth, Aims for THB 2 Billion 

Published on 20/02/2025

» Plus Property Company Limited has announced its 2025 business direction, aiming for THB 2 billion in revenue by expanding its footprint in the luxury real estate segment while leveraging smart technology and sustainability initiatives. 

WORLD

Car permit sales help swell Singapore surplus

Bloomberg News, Published on 20/02/2025

» The Singapore government sourced billions of dollars more than it initially expected from the auction of near-record high car permits, as well as income tax and contributions from its state wealth funds, according to budget data released this week.

THAILAND

BSRC Reports Record Crude Run Rate Amid Revenue Growth 

Published on 20/02/2025

» Bangchak Sriracha Public Company Limited (BSRC) has announced the financial results for the fourth quarter of 2024, reporting total revenue of 58,239 million Baht, an increase of 675 million Baht from the previous quarter. For the full year 2024, BSRC's total revenue reached 245,434 million Baht, marking an increase of 15,896 million Baht compared to 2023, driven by 14% higher product sales volume. However, the Company posted a net loss of 1,688 million Baht for 2024, primarily due to the negative impact of inventory valuation. 

BUSINESS

Maybank picks LTF transfer winners

Business, Nuntawun Polkuamdee, Published on 20/02/2025

» Nine stocks are expected to benefit the most from the Finance Ministry's policy to transfer investments from matured long-term equity funds (LTFs) to Thai ESG (environmental, social and governance) funds, with progress on the transfer expected later this month, says Maybank Securities (Thailand).

SPORTS

Buriram blow 2-0 lead but still march on

Sports, Tor Chittinand, Published on 20/02/2025

» Thailand's Buriram United booked their berth in the AFC Champions League Elite knockout stage despite having to settle for a 2-2 draw with Gwangju on Tuesday night.

BUSINESS

CP Axtra pursuing strong sales, earnings momentum

Business, Published on 20/02/2025

» CP Axtra Plc, operator of leading wholesale and retail brands Makro and Lotus's, is focusing on maintaining strong sales and earnings momentum this year, aiming for growth across all distribution channels.