ASK ASK expects 4Q18 loans to grow in line with economic expansion It expects loan growth of 10- 15% from last year’s Bt30bn. It expects NPL ratio to reduce to 2% due to loan quality improvement and strict debt collection. (Thun Hoon, 7/11/18) BBL BBL targets loan growth of 5% next year driven by government […]
Read More →ASK ASK expects 2017 earnings to continue to mark new highs. It targets loan growth of 10-15% brought by loans for trucks. It expects to control NPLs to below 1.9%. It plans expansion. (Thun Hoon, 31/03/17) Comment: What slowdown? What crisis? ASK seems to be ticking along just fine CBG CBG targets 2017 revenue […]
Read More →ASK ASK expects revenue and loan growth of not less than 15% on seasonality. It plans to issue a debenture to replace the old one of Bt7.3bn that is expiring. (Thun Hoon, 10/08/16) Comment: It’s more likely that the continued improvement will come from decreased financing costs BLA BLA reported 2Q16 net profit of […]
Read More →ABC ABC expects net profit to be back in the black this year. It expects to launch ABC Residence and ABC Pet World projects, valued at Bt7.5bn, in 3Q16. It plans to wipe out all retained losses this year. (Khao Hoon, 16/03/16) Comment: I’m beginning to be very bored of the newsflow from this company…. […]
Read More →AS AS expects a turnaround in 2016 after a business restructure. It sets revenue target growth 30% which mainly from smartphone market. (Kao Hoon, 11/03/16) Comment: I’ve always liked management here but their industry has been turned upside down by the advent of smartphone technology and they’ve been incredibly slow to keep up with the […]
Read More →Published in the Bangkok Post on 16th September 2011 Asia Sermkij Leasing Plc (ASK) was established in 1984 by Bangkok Bank to operate a hire-purchase business for new cars in Greater Bangkok. It subsequently expanded into used-car hire-purchase, personal loans and floor-plan financing, as well as auto registration, tax renewal and insurance services. Lo Jun-long, […]
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