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Thai Listed Firms Show Strong Growth With Q2 Earnings Up 12%

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Companies listed on The Stock Exchange of Thailand (SET) reported a net profit of THB 245.25 billion (approx. USD 7.03 billion) in the second quarter of 2016, growing 11.83 percent from Q2/2015, and up 5.27 percent from the first quarter. Although sales decreased 4.52 percent y-o-y to THB 2.51 trillion (approx. USD 72.09 billion), lower operating costs pushed up gross profit margins to 25.62 percent.

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