CIMB Thai posts improved 9M21 net profit of THB1.71bil


KUALA LUMPUR: CIMB Thai Bank PLC recorded a net profit of THB1.71bil (RM212.65mil) in the nine months ended Sept 30, 2021, a 16.4% year-on-year (y-o-y) increase over the previous corresponding period due to better cost control.

In a Thursday statement, the bank said there was a 12.3% decline in operating expenses due to better optimisation of resources and cost management.

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