TCAP 9M25 Profit Rises 12% from Investments in Subsidiaries and Associated Companies

Thanachart Capital Public Company Limited (SET: TCAP) reports its operating results for the third quarter and the nine months of 2025. Based on the consolidated financial statements for Q3 2025, TCAP achieves net profit of 2,216 million baht. The net profit attributable to the Company amounts to 2,079 million baht, marking a slight increase quarter-on-quarter (Q-Q). Furthermore, the operating performance for the nine-month period demonstrates total net profit of 6,242 million baht, with the net profit attributable to the Company rising to 5,856 million baht, an increase of 12% year-on-year (Y-Y).

Mr. Perapart Meksingvee, Chief Executive Officer of TCAP, says, “Thanachart Group’s operating performance for the nine-month period of 2025 underscores the robust operations of the businesses in which TCAP invests. These consist of the key subsidiaries including Ratchthani Leasing (THANI), Thanachart Insurance (TNI), and Thanachart Plus (T-Plus), as well as associated companies including TMBThanachart Bank (TTB), MBK, and PRG Corporation (PRG). These entities have delivered sustained profit growth. Despite the reduction in net interest income due to the prevailing economic slowdown and challenging market conditions, non-interest income has increased. The increase is driven by net insurance income, reflecting effective insurance business management, and higher dividend income from the Company’s expanded investments. This was further supported by the efficient management of provisions for expected credit losses. The robust performance results in TCAP and its subsidiaries achieving net profit attributable to the Company for the nine-month period of 2025 of 5,856 million baht, an increase of 12% compared to the same period last year.”

“Following the completion of its sale of all shares in Thanachart Securities Public Company Limited (TNS) to TTB on 1 July 2025, TCAP deployed the approximately 3 billion baht proceeds toward additional investments, including raising its stakes in a subsidiary company, investing in high-potential financial businesses, and partially redeeming debentures. These deployments aim to optimize returns and financial costs, thereby enhancing TCAP’s long-term stability.”

“Given the positive trajectory of the 2025 operating performance, the Company’s Board of Directors resolved to approve the payment of an interim dividend to TCAP’s shareholders on 1 September 2025 at a rate of 1.30 baht per share. This rate represents an increase from the previous year, when the interim dividend paid was 1.25 baht per share. TCAP subsequently paid the said interim dividend on 30 September.”