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Krung Thai Bank Q2 Net Profit Down, Lags Forecasts

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Krung Thai Bank Q2 net profit down, lags forecasts

Fri Jul 20, 2007 6:18AM EDT

State-run Krung Thai Bank PCL (KTB.BK: Quote, Profile, Research), Thailand's second-largest bank, reported a worse-than-expected 87 percent fall in quarterly net profit on Friday, dragged down by huge loan-loss provisions.

Net profit for the April-June quarter was 528 million baht

reuters.com

and then there were two ........................................... :o

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