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Saturday, April 27, 2024

Heng Leasing sees profit rise to B461m

Ms Sutharntip says the company expanded its total loan portfolio by 31% in 2022.

Thai lender Heng Leasing Plc has reported total revenue of 2.12 billion baht and net profit of 461 million baht for 2022, a year-on-year increase of more than 30%.

Following effective management of debtors, the company also reduced its level of non-performing loans (NPLs) to 3%.

Based on the improving performance and outlook for loan demand in response to the economic recovery, the company’s board approved a dividend payment of 0.0666 baht per share at its meeting on Feb 17.

The list of shareholders entitled to receive dividends is determined on March 3 (the record date), with the dividend payment made on May 12.

Sutharntip Phisitbuntoon, chief…

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