Bank of Ayudhya Posts Rise In Q4 Net Profit - InvestingChannel

Bank of Ayudhya Posts Rise In Q4 Net Profit

Thailand’s Bank of Ayudhya (OTC: BKAHF) reported a rise in its fourth-quarter net profit.

The bank’s quarterly net profit surged to 3.75 billion baht ($126 million), from 492 million baht, in the year-ago period. However, analysts were expecting a profit of 3.7 billion baht.

For 2012, the bank’s net profit surged 57% to 14.6 billion baht.

(c) 2013 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Tags: profit

Posted in: Earnings, News