TABLE-Thai Bank of Ayudhya Q1 net profit doubles

BANGKOK, April 21 (BestGrowthStock) – Three months to March 31,
2010.

(in million of baht unless stated)

First Quarter

2010 2009
Shr (baht) profit 0.34 vs profit 0.17
Net 2,069.71 vs profit 1,036.72

Notes: Results are consolidated and unaudited. Bank of
Ayudhya (BAY.BK: ), Thailand’s fifth-largest bank by assets, is
33 percent owned by a unit of General Electric Co (GE.N: ).

Ten analysts surveyed by Reuters had forecast an average
net profit of 2.1 billion baht ($65.3 million) for the
quarter.

Stock Market Trading

($1=32.15 Baht)
(Reporting by Ploy Ten Kate)

TABLE-Thai Bank of Ayudhya Q1 net profit doubles