Earnings Report /

Bank of Ayudhya PCL: Big beat! Lighter LLPs and OPEX and higher gains on investments

  • Earnings were 31% above our expectation

  • BAY posted a 2Q21 profit of Bt14.5bn

  • Lending declined 1.0% QoQ for the quarter

Poramet Tongbua
Poramet Tongbua

Equity Research Analyst

Bualuang Securities
21 July 2021


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