Muangthai Capital Public Company Limited (SET: MTC) has announced its 1Q23 consolidated financial statement through the Stock Exchange of Thailand as follows;
| Quarter | 1Q23 | 1Q22 |
| Net Profit (Loss) Million Baht |
1,070.08 | 1,375.56 |
| Earning Per Share (Baht) |
0.5000 | 0.6500 |
| % Change | -22.21 | |
MTC recorded Baht 1,070 million of net profit in 1Q23, decreased 22.21% from a net profit of Baht 1,375 million in 1Q22.
For the three-month period ended 31 March 2023, total revenue was Baht 5,630 million, increasing by Baht 1,182 million, or 26.57%, from the same period of the previous year.
Meanwhile, selling and administrative expenses were Baht 2,352 million, increased by Baht 389 million, or 19.82%, from the same period of the previous year.
Expected credit loss was Baht 954 million, increasing by Baht 785 million, or 464.50%, from the same period of the previous year.
As at 31 March 2023, the number of branches was 6,962 increased by 294 branches, from the end of the year 2022.
