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Thaipr - 1 month ago

SCB ANNOUNCED 2020 NET PROFIT OF BAHT 27.2 BILLION

Amid severe economic headwinds and significant operating challenges stemming from the COVID-19 pandemic, Siam Commercial Bank and its subsidiaries reported a consolidated net profit (based on unaudited financial statements) of Baht 27.2 billion, a 33% decrease yoy. The decline in net profit was mainly due to higher provisions. Pre-provision operating profit, however, grew 12% yoy [ ] The post SCB ANNOUNCED 2020 NET PROFIT OF BAHT 27.2 BILLION appeared first on ThaiPR.NET.


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