Home > Business > Finansa swings to net loss in Q2

Finansa swings to net loss in Q2

Finansa Plc swung to the net loss of Bt148.16 million in the second quarter of this year, compared with the net profit of Bt53.2 million in the same period last year, according to its filing to the Stock Exchange of Thailand on Friday.

However, in the first six months, its net loss narrowed from Bt185 million last year to Bt103 million.

Finansa attributed the second quarter net loss to the additional loanloss provisions. Seventy five per cent of the net loss is attributable to the provisions, it said. Meanwhile, it also suffered from lower operating profits in line with sluggish market conditions.

- The Nation

Hospimedica
Nine UK companies will be attending the Asean healthcare exhibition Hospimedica Thailand.
New investment products from Syrus
Syrus Securities has announced two new stock investment products with the aim of attracting 500 new customers....

Finansa swings to net loss in Q2

Finansa Plc swung to the net loss of Bt148.16 million in the second quarter of this year, compared with the net profit of Bt53.2 million in the same period last year, according to its filing to the Stock Exchange of Thailand on Friday.

OTHER BUSINESS

Hospimedica

New investment products from Syrus

Top Stories