17 February 2015
Group Lease, a Thailand-based motorcycle
leasing firm, has credited its recent economic turnaround partly to “aggressive
expansion” in Cambodia.
In the first half of 2014, Cambodian branch
GL Finance and Thailand’s recent economic recovery to thank for high profits. Of
the last 93.76 million baht ($2,877,600) net profit in 2014’s fourth quarter,
the company said 22% – or 21.09 million baht ($647,461) – came largely from GL
Finance. GL Finance has now set up 153 points of sales across Cambodia to
provide loans for Honda motorcycles and farming machinery.
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