TCAP’s Profit Drops 74% to ฿638Mn after Booking Lower Share of Profit in 3Q
TCAP’s Profit Drops 74% to ฿638Mn after Booking Lower Share of Profit in 3Q.
TCAP’s Profit Drops 74% to ฿638Mn after Booking Lower Share of Profit in 3Q.
12 พ.ย. 2563

Thanachart Capital Public Company Limited (TCAP) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

TCAP reported a net profit of 638 million baht, decreased 74.17% compared to the same period of last year and 37.90% from the previous quarter. This was mainly due to the fact that the share of profit from associated companies declined in this quarter, as a result of the impact from COVID-19 pandemic, which caused economic contraction. Moreover, the company had 3,159 million baht of profit for the period from discontinued operations in 3Q19 as a one time gain.