BAY: 2QFY17 profit hits record Bt5.8bn July 21, 2017

  • 2QFY17 profit hits record Bt5.8bn, up 11.45% y‐y and 4.00% q‐q
  • Strong loan growth brings YTD loan book back to positive territory in 2QFY17
  • FY17 profit view & target price unchanged but rating lowered to ‘ACCUMULATE’

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