Muangthai Capital Public Company Limited (SET: MTC) has announced its consolidated financial statement through the Stock Exchange of Thailand as follows;
| Year | 1Q24 | 1Q23 |
| Net Profit (Loss) Million Baht |
1,389.38 | 1,070.08 |
| Earning Per Share (Baht) |
0.6600 | 0.5000 |
| % Change | 29.84 | |
MTC reported a net profit of Baht 1,389 million or equivalent to a net profit margin of 20.95%. Interest and fee income from loans receivables and hire purchase receivables rose 17.7% Baht 6,353 million in 1Q24, which led to a revenue growth of 17% to Baht 6,630 million.
Finance costs rose 33% to Baht 1,130 million, while expected credit loss improved by 10% to Baht 858 million from Baht 954 million in 1Q23.
