LH Financial Group (LHFG) announced a 7.3% loan growth in 2024, with total assets reaching THB 346.86 billion and net profit of THB 2.047 billion. Despite economic headwinds and capital market volatility, the group aims to expand its SME loan portfolio and strengthen its LHB SME brand in 2025, focusing on sustainable growth and strong governance.
LH Bank Profit Surges 18.7%, Driven by Taiwanese Corporate Lending
Land and Houses Bank (LH Bank) reported a 18.7% profit increase to THB 2.01 billion in 2024, driven by a 43% surge in Taiwanese corporate lending and a 12% rise in home loans. The bank’s NPL ratio remained low at 2.34%. In 2025, LH Bank will prioritize corporate and SME lending, digital transformation, and sustainable banking, including the launch of a new business branch in the Eastern Economic Corridor (EEC).
LH Fund Targets Leading Position with Focus on Sustainable Investing
LH Fund aims to become a leading fund manager in 2025, emphasizing flagship funds with strong performance and sustainable, flexible investment strategies. The company reported a 15% increase in assets under management (AUM) to THB 63.992 billion in 2024.
LH Securities to Diversify Revenue Streams Amid Market Downturn
LH Securities reported a 23% decline in brokerage income in 2024 due to a sluggish Thai stock market. For 2025, the company will focus on generating passive income from margin loans, dividends, and advisory fees, while enhancing its digital services and cost efficiency.
Thai Airways reports revenue growth, net loss due to restructuring
Microsoft Thailand opens new office
