SICCO's net profit jumped significantly in Q3

SICCO Securities said its consolidated net profit for the third quarter was at Bt27.82 million, jumped from a net loss of Bt18.84 million in the same period last year.

The company said its total income was increased of Bt26 million or an increase of 22.77 per cent, mainly driven by the increase of brokerage fee income from securities business and derivative business amounting Bt11.46 million

which resulted from the increasing of SET market turnover, fee and service income amounting Bt11.90 million.

In addition, the total expenses was decreased of Bt30.64 million or a decrease of 22.13 per cent, mainly driven by the decrease of premises and equipment expenses amounting Bt7.40 million and the decrease of expenses for the corresponding period of the previous year, loss from wrote-off leasehold improvements amounting Bt15.90 million, bad debt and doubtful accounts amounting Bt14.71 million. - The Nation

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SICCO's net profit jumped significantly in Q3

SICCO Securities said its consolidated net profit for the third quarter was at Bt27.82 million, jumped from a net loss of Bt18.84 million in the same period last year.

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