Siam General Factoring Records Impressive Growth in Profit in Q2 2001


Siam General Factoring, the third largest player in the Thai market behind Thai Farmers Heller and Ayudhaya International Factors, has recorded a net profit of 4m bt for Q2 2001. This compares very favourably with a recorded net loss of 159.7m bt in Q2 2000. Net profit for the first six months of 2001 was 14m bt, which, again, compares favourably with a net loss of 235.8m bt for H1 2000.

Source: Bangkok Post.



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