Muangthai Capital Public Company Limited (SET: MTC) has announced its 2Q24 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 2Q24 | 2Q23 |
| Net Profit (Loss) Million Baht |
1,444.24 | 1,200.10 |
| Earning Per Share (Baht) |
0.6800 | 0.5700 |
| % Change | 20.34 | |
| 6 Months | 6M24 | 6M23 |
| Net Profit (Loss) Million Baht |
2,833.61 | 2,270.18 |
| Earning Per Share (Baht) | 1.34 | 1.07 |
| % Change | 24.82 | |
MTC reported a net profit of Baht 1,444 million, increasing by Baht244 million or 20.32 percent, from the same period of the previous year.
For the three-month period ended 30 June 2024, total revenue was Baht 6,832 million, increasing by Baht 791 million, or 13.09 percent, from the same period of the previous year.
Meanwhile, expected credit loss was Baht 834 million, decreasing by Baht 183 million, or 17.99 percent YoY.
Additionally, finance cost was Baht 1,227 million, increasing by Baht 318 million, or 34.98 percent, from the same period of the previous year. The rise was due to a higher interest rate compared to the same period of the previous year.
