Mega Financial is seeing weak net profit growth in its May 2024 release. Its surge in NPLs in 1Q24 may be a reason for this, and recall its impairments rose ~3x in FY23 too.
What is covered in the Full Insight:
May 2024 YoY Profit Growth
1Q24 NPL Formation
Impairment Costs YoY
Loan Growth
Potential Credit Growth Risks
SUMMARY
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