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| • EXCH RATES |
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Baht/$ 33.46/49
Bid/Ask
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GOLD |
15,250
+ 50
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TMB Bank, the country's sixth-largest bank, yesterday announced a second-quarter net profit of 1.21 billion baht, a sharp turnaround from a loss of 18.3 billion last year.
First-half profits totalled 2.748 billion baht, compared with a loss of 18.14 billion in the same period last year.
TMB chief executive Boontuck Wungcharoen said first-half net interest and dividend income was 8.21 billion baht, up 2.5% from the same period last year. The net interest margins rose to 2.6% from 2.3%.
Loans stood at 436.17 billion baht at the end of June, down 6.2% from the end of 2007. Non-performing loans totalled 70.5 billion baht, down six billion from the end of 2007.
TMB shares closed on the Stock Exchange of Thailand at 1.07 baht, down 0.03, in trade worth 51.78 million baht.
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