Krungthai Card Public Company Limited (SET: KTC) has announced its 2025 consolidated financial statement through the Stock Exchange of Thailand as follows:
| Year | 2025 | 2024 |
| Net Profit (Loss) Million Baht |
7,781.64 | 7,437.16 |
| Earning Per Share (Baht) |
3.02 | 2.88 |
| % Change | 4.63 | |
KTC reported a net profit of THB 7,782 million in 2025, an increase of 4.6% YoY. Total revenue was THB 27,695 million, representing a modest 0.9 % (YoY) increase.
Growth was driven primarily by total interest income of THB 16,254 million, which increased 0.4% (YoY). This reflected a 3.1% (YoY) increase in interest income from personal loans and KTC P BERM Car for Cash. Additionally, fee income totaled THB 6,513 million, increasing 2.1% (YoY), supported mainly by higher interchange fees in line with increased card spending volumes.
For the full year 2025, KTC’s credit card spending totaled THB 302,527 million, representing a 3.6% (YoY) increase. As of year-end 2025, KTC had a total of 3,673,244 accounts, comprising 2,964,426 credit cards, up 5.9% (YoY), and 708,818 personal loan accounts, up 2.9% (YoY).
Despite the contraction in the overall consumer lending industry, driven by economic uncertainty and more cautious consumer spending, KTC continued to gain market share across all core products during the first 11 months of 2025 compared with the same period last year, as follows:
- Credit card receivables: market share increased to 14.9% from 14.3%
- Credit card spending: market share increased to 13.6% from 13.1%
- Personal loan receivables: market share increased to 4.2% from 4.1%
The Group continues to prioritize disciplined portfolio management to maintain strong asset quality. In 2025, the Group’s non performing loan ratio (%NPL) declined to 1.79%, from 1.95% in 2024. On a company only basis, the NPL ratio remained at a low level of 1.57%, improving from 1.64% in the prior year. This reflects stringent credit and collection practices, which have driven a sustained improvement in asset quality.
The Group maintains a prudent provisioning policy to reinforce confidence in its financial resilience. In 2025, the Group’s NPL coverage ratio increased to 425.0%, from 369.3% in the previous year. On a company only basis, the ratio rose to 454.4%, from 413.3% a year earlier.
Credit cost for the Group in 2025 stood at 5.3%, declining from 6.1% in 2024. On a company only basis, credit cost decreased to 5.2%, from 5.9% in the prior year, underscoring the effectiveness of the Group’s asset quality management.
