2024-02-24 15:23:16
Asset management company Bangkok Commercial Public Company Limited or BAM Report on operating results for the 4th quarter and 2023, with net profits as follows:
Overall, the company’s operations in 2023 had a net profit of 1,534 million baht, a decrease of 43.7 percent compared to the previous year. And there were collections from the NPLs bad debt management section in the amount of 8,452 million baht and the NPAs foreclosed property management in the amount of 6,698 million baht, totaling 15,150 million baht. The collection results and net profit in 2023 were weaker compared to 2022.
The company focuses on operations to create sustainability and provide continuous assistance to customers. This is because the debt repayment ability of retail debtors is affected by household debt problems. and business group debtors request a deferment of debt repayment due to the slow and incomplete economic recovery.
For administrative work, NPAs remain relatively stable. Because the second-hand house market is still gaining attention. Although the overall real estate market in the country has not grown much, Due to the strictness of lending by financial institutions, especially home loan applications not exceeding 3 million baht, and the high interest rate situation that puts pressure on purchasing power of real estate.
However, the company is preparing dividends from the operating period from 1 Jan. 2023 to 31 Dec. 2023 in cash of 0.38 baht, setting the date for not receiving dividend rights (XD) on 29 Apr. 2024 and setting Dividend paid on 21 May 2024
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