CIMB Thai Bank PCL operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares CIMB Thai Bank PCL with three other
companies in this sector in THAILAND :
LH Financial Group PCL
(2020
sales of 11.06 billion Thai Bahts [US$354.28 million]
of which 72%
was Banking Business),
Kiatnakin Phatra Bank PCL
(26.89 billion Thai Bahts [US$861.17 million]
of which 62%
was Commercial Banking Business), and
TISCO Financial Group PCL
(22.88 billion Thai Bahts [US$732.79 million]
of which 71%
was Commercial Banking).
Sales Analysis.
CIMB Thai Bank PCL reported sales of 18.06 billion Thai Bahts (US$578.47 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 8.0%
versus 2019, when the company's sales were 19.64 billion Thai Bahts .
The sales level in 2020 was fairly close to the level five years ago: in 2015, CIMB Thai Bank PCL had sales
of 18.57 billion Thai Bahts .
Contributing to the drop in overall sales was the 29.1% decline
in Other Business, from 681.00 million Thai Bahts to 483.00 million Thai Bahts .
There were also decreases in sales in
Wholesale Banking (down 6.8% to 2.29 billion Thai Bahts )
.
However, these declines were partially offset by the increase in sales of
Consumer Banking (up 5.1% to 8.17 billion Thai Bahts )
.