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Brisk Year on Stock Exchange of Thailand Lifts KGI Securities' Profit.
Byline: Nuntawun Polkuamdee
Mar. 2--KGI Securities reported a net profit of 916.3 million baht for 2003, up 71 percent over the previous year.
Earnings per share were 0.52 baht in 2003, compared with 0.33 baht the year before.
Pin Chen, KGI's chief executive officer, said the company expected to maintain steady earnings growth this year, helped by added fee-based income from investment banking activities and the launch of new products such as derivatives and equity-linked products.
He said the company was in the process of applying for a derivatives licence from the Securities and Exchange Commission.
KGI currently earns 62.5 ...
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