CIMB Thai registers 1H net profit of THB2.12bil

KUALA LUMPUR: CIMB Thai Group posted a net profit of THB2.12bil (RM257.04mil)in the first half of 2022, a 121.6% jump over its performance in the same period last year as the group reined in operating expenses and expected credit losses.

In a statement filed with Bursa Malaysia, the bank said the improvements offset a marginal drop of 1.3% in its operating income to THB7.11bil for the period.