Offshore returns prop SET decline | Bangkok Post: business - News Summed Up

Offshore returns prop SET decline | Bangkok Post: business


The Thai stock market remained an attractive destination for foreign investors in April. More than 200 listed companies have invested abroad, with offshore investment accounting for 47% of 107 firms' total revenue, said SET senior vice-president Pakorn Peetathawatchai. "It's interesting that Thai-listed firms with overseas investments can maintain net profit growth better than small and mid-sized companies," he said. For MAI-listed companies, 133 or 96% of the total 139 firms reported an aggregate net profit of 1.18 billion baht, up 4.1% year-on-year. For the first four months, the total funds raised amounted to 51.85 billion baht.


Source: Bangkok Post May 22, 2017 23:48 UTC



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