KTC Reports 8.9% Profit Growth in Q3 2026
Krungthai Card (KTC) announced a third-quarter profit of 2.125 billion baht, driven by lower financial costs.
According to a report by Prachachat Business, Krungthai Card Public Company Limited (KTC) has released its financial results for the third quarter of 2026. The company recorded a net profit of 2.125 billion baht, marking an 8.9% increase compared to the same period last year. This growth was primarily supported by a 16.4% reduction in financial costs.
As of the end of the quarter, KTC’s total loan portfolio reached 107 billion baht. The company also reported that its non-performing loan (NPL) ratio rose slightly to 1.92%. Despite this uptick, management remains confident in their ability to maintain the NPL ratio below the 2% threshold for the full year.
For residents and expatriates in Thailand, these figures reflect the current stability of major consumer credit providers. While the increase in NPLs suggests a slight tightening in consumer repayment capacity, the company’s ability to manage costs effectively indicates a resilient operational outlook. It remains to be confirmed how these credit trends will influence future lending policies or interest rates for cardholders in the coming months. Investors and customers should continue to monitor official disclosures from the company regarding their year-end performance targets.
