SET-listed Bangkok Insurance (BKI) reported a net loss of 3.58 billion baht for the first quarter, down 539% from a net profit of 816 million last year, after being hit by surging Covid claims.
The firm's earnings per share (EPS) dropped to -33.63 baht from last year when EPS was 7.67 baht.
Apisit Anantanatarat, chief executive and president, said the spike in net claims from Covid insurance was the main reason for the decline of the company's first-quarter operating results.
