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Listed companies profits up 5.6% in first half

First-half profits at listed companies increased by 5.6% year-on-year to 517 billion baht despite a drop in earnings in the second quarter.

Leading the growth were manufacturers of consumer products while property developers showed signs of a rebound in the wake of improved economic forecasts for the latter half, the Stock Exchange of Thailand (SET) said in a statement on Monday.

SET senior executive vice-president Santi Kiranand said 77.8% of the 605 listed companies and funds which submitted operating results showed profits on par with last year for the first half.

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