Operating income was lower by 1.6% while improved cost controls brought about a 2% decline in operating expenses.
PETALING JAYA: CIMB Group
Holdings Bhd’s 94.11% indirect subsidiary, CIMB Thai group, saw its consolidated net profit rise 30.1% to 477.8 million baht for the six-month period ended June 30, 2017 on the back of lower operating expenses and provisions.
Operating income was lower by 1.6% while improved cost controls brought about a 2% decline in operating expenses.
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