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Central Pattana Q2 profit rises 15%
Central Pattana Plc, the largest operator of shopping malls in Thailand, said second-quarter profit rose 15 percent on higher interest revenue and falling costs.
Net income rose to 431.2 million baht ($11.5 million), or 0.20 baht a share, from 374.2 million baht, or 0.18 baht a share, a year earlier, the company said Tuesday in a filing to the Thai stock exchange.
Rental income in the quarter fell 4.3 percent to 1.49 billion baht. Interest income rose to 46.8 million baht from 6.6 million......
