Krungthai Card Public Company Limited (SET: KTC) has announced its 1Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 1Q25 | 1Q24 |
| Net Profit (Loss) Million Baht |
1,860.51 | 1,803.00 |
| Earning Per Share (Baht) |
0.7200 | 0.7000 |
| % Change | 3.19 | |
KTC reported a net profit of Baht 1,861 million for 1Q2025, reflecting an increase of 3.2% YoY.
At the end of 1Q2025, the Group’s total loan portfolio reached Baht 107,093 million, reflecting a growth of 1.7% (YoY). This includes a 1.5% (YoY) increase in the credit card portfolio, with card spending growth of 6.7% (YoY), and the personal loan portfolio grew by 5.2% (YoY).
For 1Q2025, credit card spending amounted to Baht 74,053 million, an increase of Baht 4,634 million or 6.7% (YoY). The Company has a total of 3,486,729 accounts, including 2,796,551 credit card accounts, which increased by 3.8% (YoY), and 690,178 personal loan accounts (including auto title loans), which decreased by 5.2% (YoY), primarily due to the closure of inactive KTC PROUD cash card accounts.
NPL for the Group stands at 1.97%, slightly increased from the year ended 2024 at 1.95%. The NPL Coverage Ratio remained strong at 384.5%, up from 369.3% at the end of 2024 and 353.8% at the end of 1Q2024. For 1Q2025, the Group’s Credit Cost decreased to 6.0% from 6.4% in 1Q2024.
Additionally, the allowance for expected credit losses stood at Baht 8,071 million, an increase of 9.1% (YoY), driven by higher provisions in line with the expansion of the loan portfolio.
