Mr. Adisak Sukumvitaya, CEO of Jaymart Group Holdings Public Company Limited (SET: JMART), has reaffirmed the group’s confidence in its long-term business outlook as it targets a profit milestone of THB 1 billion in 2026.
After overcoming past hurdles and risk factors, JMART is now entrenched in a growth phase, with its strategy pivoting away from branch expansion to prioritize technology platforms and its extensive network of over 10,000 partners to drive customer access and cost efficiency.
Reflecting on the group’s 36-year journey, Mr. Adisak noted relief in having resolved earlier challenges, including the writedown of JAS Asset in 4Q25, which is now viewed as bringing clarity and fresh opportunities for future profit generation.
Addressing concerns over earlier-than-expected earnings shortfalls and waning shareholder confidence, Mr. Adisak insisted that the group remains determined to meet its targets.
Key business units are also aligning with this renewed strategy:
Jaymart Mobile is switching its focus to ‘Locked Phone’ loans in partnership with SG Capital PCL (SET: SGC) and KB J Capital (KBJ), targeting a minimum of 50% profit growth this year.
Singer Thailand PCL (SET: SINGER) has minimized risk by shifting from home appliances to mobile phones, now boasting over THB 1 billion in cash, the highest in its history. Supported by further payments from SGC, Singer’s liquidity could top THB 6 billion.
JMT Network Services PCL (SET: JMT) is managing robust cash collections above THB 8 billion despite economic headwinds, with a 30% growth target fueled by AI and digital platforms.
BNN Restaurant Group (Suki Teenoi) aims to return to THB 1 billion in profit, exploiting technology to scale rapidly.
KBJ expects record results this year, while J Ventures targets profits above THB 100 million.
Looking ahead, JMART plans to list KBJ, Suki Teenoi, and J Ventures on the stock exchange from 2027, gearing up for sustainable growth as a technology-efficient holding company with minimized risk.
Financially, JMART has reduced liabilities by 8.5%, bringing its IBD/E ratio down to 0.61 times. Plans are also in place for comprehensive management of over THB 3 billion in debenture redemptions due in 2026, ensuring business continuity with ample cash reserves, fresh debenture issuances, facility lines, and dividends from subsidiaries.
JMART is also preparing to join the SET’s Jump+ program in 2026, pending board approval.
Simultaneously, JMT CEO, Mr. Piya Pong-acha, outlined a 2026 plan to cut expected credit losses to around THB 840 million while allocating THB 2 billion for acquiring debt portfolios — focusing 90% on unsecured debts with a minimum annual yield of 12%.
JMT is advancing full-scale AI operations, increasing efficiency through digital call centers, smart debt collection, and real-time NPA asset price monitoring. The company maintains assets of THB 37 billion, an IBDE ratio of 0.33 times, and expects an annual operating cash flow of THB 5 billion.
The company has approved a final 2025 dividend of THB 0.43 per share for shareholders on record as of March 4, 2026, with the ex-dividend (XD) date on March 2 and payout on May 6, 2026.
