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KGI posts higher Q2 profit

KGI Securities (Thailand) Plc bucked the trend, reported a sharp rise in the second quarter net profit from Bt31.96 million last year to Bt69 million this year.

Its six-month net profit however dropped from Bt188 million to Bt141 million.

KGI attributed the better second quarter performance to the increase in futures contracts, from Bt0.5 million to Bt8 million. Meanwhile, its securities broking service also posted a profit of Bt166 million, compared to the loss of Bt25 million last year on the back of robust trading in the Stock Exchange of Thailand in the quarter.

- The Nation

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KGI posts higher Q2 profit

KGI Securities (Thailand) Plc bucked the trend, reported a sharp rise in the second quarter net profit from Bt31.96 million last year to Bt69 million this year.

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