kasikornbank pcl (KBANK) Snapshot

The board of directors meeting of KASIKORNBANK PCL on May 30, 2013, acknowledged the resignation of Mrs. Tida Samalapa, Company Secretary and Secretary to the Board of Directors, effective from May 30, 2013; and passed a resolution to appoint Dr. Adit Laixuthai as the Company Secretary and Secretary to the Board of Directors. The appointment is effective on May 30, 2013. Please be informed accordingly.

Kasikornbank Public Company Limited reported unaudited consolidated and parent earnings results for the first quarter ended March 31, 2013. For the quarter, on consolidated basis, the company's interest income was THB 25.1 billion compared with THB 22.97 billion a year ago. Net interest income was THB 17.2 billion compared with THB 14.9 billion a year ago. Total net operating income was THB 28.7 billion compared with THB 24.8 billion a year ago. Operating profit before income tax expense was THB 13.7 billion compared with THB 12.7 billion a year ago. Net cash used in operating activities was THB 54.7 billion compared with net cash provided by operating activities of THB 72.1 billion a year ago. Purchase of premises and equipment was THB 1.1 billion compared with THB 0.87 billion a year ago. Purchase of intangible assets was THB 0.75 billion compared with THB 0.97 billion a year ago. For the quarter, on parent basis, the company's interest income was THB 23.1 billion compared with THB 21.4 billion a year ago. Net interest income was THB 15.2 billion compared with THB 13.3 billion a year ago. Total net operating income was THB 24.7 billion compared with THB 21.3 billion a year ago. Operating profit before income tax expense was THB 11.3 billion compared with THB 10.6 billion a year ago. Net cash used in operating activities was THB 63.8 billion compared with net cash provided by operating activities of THB 66.6 billion a year ago. Purchase of premises and equipment was THB 0.99 billion compared with THB 0.76 billion a year ago. Purchase of intangible assets was THB 0.73 billion compared with THB 0.96 billion a year ago.

Kasikornbank Public Company Limited reported consolidated and standalone earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported consolidated net profit of THB 10,106,039,000 or THB 4.22 per share compared to THB 8,988,034,000 or THB 3.76 per share a year ago. For the quarter, the company reported standalone net profit of THB 9,102,180,000 or THB 3.80 per share compared to THB 8,208,993,000 or THB 3.43 per share a year ago.