CIMB Thai Announces 33.9% yoy Increase In Net Profit For 1QFY25

Quick Summary:

CIMB Thai Bank PCL has reported a consolidated net profit of THB 838.1 million for the first quarter of 2025, marking a significant increase of THB 212.0 million, or 33.9%, compared to the same period in 2024.  The bank attributes this improvement to a 2.2% increase in operating income and a 22.

The bank stated it will focus on driving core financial performance and profitability while exploring opportunities to enhance long-term resilience, aligning with the CIMB Group’s Forward30 strategic plan.

Looking ahead, CIMB Thai expressed caution about the outlook for 2025 due to external and geopolitical uncertainties but remains confident in the resilience of domestic consumption.

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Article Details

Author / Journalist: Editor

Category: EconomyBusiness

Markets: MalaysiaThailand

Topics: 2025 Income Thai 2024 Operating Increase Bank Cimb Million Billion Compared

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 05:15:12 (3 days ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 548 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 23 words per sentence (average)

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News ID: 27972778

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