Study: Small firms must focus on profit - News Summed Up

Study: Small firms must focus on profit


Study: Small firms must focus on profitListen to this articleBased on a Krungthai Compass study covering 2010-2024, the profitability of local SMEs has deteriorated over the past 15 years. Somchai PoomlardKrungthai Compass suggests improving profit margins should be the top priority for small and medium-sized enterprises (SMEs) to address persistent liquidity shortages and high debt burdens. The research centre under Krungthai Bank noted the profitability of local SMEs has deteriorated over the past 15 years, based on its study covering 2010-2024. Over the past 15 years, SMEs have generally faced three key challenges: low profit margins, liquidity shortages and high debt levels. This results in liquidity shortages and higher debt levels, leaving many SMEs trapped in a debt cycle, he said.


Source: Bangkok Post February 03, 2026 22:55 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */