Confidence in CIMB Group unshaken

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ศาสตร์เกษตรดินปุ๋ย : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation

http://www.nationmultimedia.com/detail/Corporate/30350465

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Confidence in CIMB Group unshaken

Corporate July 20, 2018 11:59

By The Nation

AmBank Research has maintained a “buy” recommendation on CIMB Group, with an unchanged fair value of RM6.80 per share. Its fair value is based on an FY19 P/BV of 1.2x, supported by an ROE of 10.8 per cent.

AmBank Research said CIMB Group Holdings, a 93.7-per-cent-owned subsidiary of CIMB Thai, released its 2QFY18 results with a higher net profit of Bt191 million, an increase of 13.2 per cent quarter-on-quarter.

The first-half net profit of CIMB Thai fell 24.6 per cent year-on-year to Bt360 million, largely due to higher operating expenses that offset an improvement in total income.

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