KTB: 2QFY17 profit down sharply on provisions against EARTH loans July 21, 2017 289

  • 2QFY17 profit below forecasts on huge loan‐loss provisions
  • NPLs likely to climb further but NPL coverage ratio to be maintained above 110%
  • FY17 profit & target price downgrades, rating cut to ‘ACCUMULATE’

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