Tidlor Holdings Public Company Limited (SET: TIDLOR) has announced 2Q25 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Quarter | 2Q25 | 2Q24 |
| Net Profit (Loss)
Million Baht |
1,296.47 | 1,084.60 |
| Earning Per Share
(Baht) |
0.45 | 0.37 |
| % Change | 19.53 | |
| 6 Months | 2025 | 2024 |
| Net Profit (Loss)
Million Baht |
2,494.29 | 2,181.73 |
| Earning Per Share (Baht) | 0.86 | 0.75 |
| % Change | 14.33 | |
TIDLOR reported another quarter of solid growth, achieving a new record-high quarterly net profit of Baht 1,304.4 million, increasing 19.5% (YoY) and 8.2% (QoQ). This was driven by quality growth across both the lending and insurance brokerage businesses, along with efficient cost and risk management.
Total revenue amounted to Baht 5,755.4 million, up 5.3% (YoY), primarily driven by increased interest income from an expanding loan portfolio and continued growth in fee and service income from the insurance brokerage business.
Total expenses were Baht 4,124.6 million, reflecting a slight rise of 0.6% (YoY), driven by the growth in service and administrative expenses in line with business expansion.
Meanwhile, funding costs increased modestly due to higher interest expenses from new borrowings compared to maturing debt. Credit cost decreased significantly to 2.6% from 3.6% in the same quarter last year. The cost-to-income ratio was maintained at 54.6%.
As of the end of 2Q25, the total outstanding loan portfolio was Baht 105,905.5 million, up 2.8% (YoY) and 1.1% (QoQ). The number of loan customers grew 9.0% (YoY), outpacing portfolio growth, demonstrating quality customer acquisition under a prudent lending policy. Growth was supported by over 1,832 nationwide branches and digital channels, particularly the Tidlor card, which had over 750,000 active cards as of June 2025, increased 8% (YoY).
Asset quality remained under control, with the nonperforming loan (NPL) ratio stable from the previous quarter at 1.78%. The Group maintained a robust NPL coverage ratio of 262.4%, reflecting strong provisioning levels to absorb potential future credit risks. This was a result of prudent credit underwriting practices, proactive debt collection, and a systematic approach to risk management.
The insurance brokerage business continued its growth momentum with non-life insurance premiums totaling Baht 2,569.1 million, up 11.4% (YoY). Key drivers included diversified distribution channels and comprehensive product offerings tailored to customer needs via three core brands—Shield Insurance Broker, Areegator, and heygoody, which collectively enhanced customer access, convenience, and supported growth opportunities across all target segments.
