Muangthai Capital Public Company Limited (SET: MTC) has announced its 3Q23 consolidated financial statement as follows;
| Quarter | 3Q23 | 3Q22 |
| Net Profit (Loss) Million Baht |
1,285.14 | 1,205.28 |
| Earning Per Share (Baht) |
0.6100 | 0.5700 |
| % Change | 6.63 | |
| 9 Months | 2023 | 2022 |
| Net Profit (Loss) Million Baht |
3,555.31 | 3,961.46 |
| Earning Per Share (Baht) | 1.6800 | 1.8700 |
| % Change | -10.25 | |
MTC reported a net profit of Baht 1,285 million in 3Q23, increased 6.63% from the same period of last year with a net profit margin of 20.40%. The increase was mainly due to revenue of the company that rose by 21.49% to Baht 6,299 million, which came with an increase of selling and administrative expenses totalling 2,391 million, increased by 19.07%.
As at 30 September 2023, the number of branches was 7,365 increased by 697 branches, from the end of the year 2022. Meanwhile, Credit-impaired Financial assets ratio was 3.18%, (30 September 2022: 2.28% and 31 December 2022: 2.91%).
