KUALA LUMPUR: CIMB Thai Bank PCL says for the six months ended June 30 2014, CIMB Thai group recorded a consolidated net profit of 625 million bahts (RM61.7 million), a year-on-year increase of 81.4 million bahts, or 15 per cent, from six months ended June 30 2013. The increase in income was mainly attributed to a growth in other operating income, net interest income and net fee and service income of 58.8 per cent, 24.4 per cent and 12.8 per cent respectively. Operating expenses grew at 18.7 per cent, while there was a 85.6 per cent year-on-year increase in provisions.
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