Kasikorn Leasing Co Ltd says its 2018 performance for loans totalled Bt105.6 billion and profits Bt1.4 billion thanks to the brighter auto market at home which recorded the highest sales in five years.
Amid the fast-growing auto market during 1H18, KLeasing’s dealer floorplan loans grew more than 32 per cent, with its outstanding loans topping Bt100 billion.
KLeasing has signed a financial facility agreement of Bt984 million with Thai Prestige Rent-A-Car Co Ltd, a subsidiary of Phra Nakorn Automobile Group, to facilitate the company's business expansion.
KASIKORN LEASING has reported new lending in the first quarter of Bt20.83 billion, while posting net profit of Bt165 million, an increase of 68.84 per cent.