Thailand: Phatra Securities uses diversification strategy.

(From Thai Press Reports)

Section: Corporate News - Phatra Securities expects to maintain a strong earnings outlook in the future, thanks to broad diversification of its income structure, according to chief executive officer Suvit Mapaisarnsin, the Bangkok Post reports.

Phatra Securities derives 60% of its income from brokerage services, 18% from fee-based activities, and the remaining 22% from interest and dividends. Its structure is better than the industry average, in which 80-90% of earnings are generated from securities brokerage.

Phatra Securities' investment banking income has been lower than earlier expectations, however, since its major …