Muangthai Capital Public Company Limited (SET: MTC) has announced its 2Q22 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 2Q22 | 2Q21 |
| Net Profit (Loss) Million Baht |
1,380.61 | 1,270.07 |
| Earning Per Share (Baht) |
0.6500 | 0.6000 |
| % Change | 8.70 | |
| 6 Months | 2022 | 2021 |
| Net Profit (Loss) Million Baht |
2,756.17 | 2,643.73 |
| Earning Per Share (Baht) | 1.3000 | 1.2500 |
| % Change | 4.25 | |
MTC reported a net profit of Baht 1,380 million, increased 8.70% from a net profit of Baht 1,270 million in 2Q21.
As at 30 June 2022, the number of branches was 6,475 increased by 676 branches, from the end of the year 2021.
Credit-impaired Financial assets ratio was 1.96 percent at the end of June 2022, (30 June 2021: 1.10 percent and 31 December 2021: 1.39 percent).
For the three-month period ended 30 June 2022, the total revenue was Baht 4,825 million, increasing by Baht 929 million, or 23.84 percent, from the same period of the previous year. Meanwhile, total selling and administrative expenses were Baht 1,946 million, increased by Baht 289 million, or 17.44 percent, from the same period of the previous year.
Additionally, the expected credit loss was Baht 524 million, increasing by Baht 386 million, or 279.71 percent, from the same period of the previous year.
