Tisco reveals lower profits

Breaking News April 18, 2019 18:00

By The Nation

Tisco Group announces net profit Bt1.73 billion in the first quarter of this year, a drop of 2.1 per cent from the same period of last year as its net profit from investment dropped as the country's economy grew slightly, the group's chief executive Suthas Ruangmanamongkol said.

Meanwhile, outstanding loans as of March 31 were Bt241.7 billion or up 0.4 per cent from the end of 2018, as the bank's non-performing loan were recorded at 3 per cent, he said.

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