KUALA LUMPUR: CIMB Thai Bank PCL, a 93.71% unit of CIMB Group
Holdings Bhd, posted a 63% lower net profit ,year-on-year, to 21.2 million baht (RM2.71mil) for the first quarter ended March 31, 2017.
In a statement, CIMB Thai said the weaker net profit was due to higher, year-on-year, non-performing loans recorded during the period.
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