Muangthai Leasing (MTLS): Another record profit expected in 3QFY17 despite bad news October 5, 2017

Another record profit expected in 3QFY17:

We expect MTLS to rack up another record profit of Bt622mn in 3QFY17, up 55.2% y‐y and 8.9% q‐q on the back of buoyant loan growth, which would also push noninterest income higher. For the quarter, we forecast MTLS will achieve loan growth of 14% q‐q in 3QFY17.

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