Krungthai Card Public Co. Ltd. · SET:KTC
Krungthai Card Public — Q1 2025 Earnings Presentation
21 slides from Krungthai Card Public's earnings presentation, Jun 19, 2025
Slide 1: KTC Performance 1Q2025
KTC PERFORMANCE 1Q2025 AA Since Apr- 2025
Slide 2: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 2
Slide 3: KTC Overview
KTC Overview • Incorporated in 1996 as a credit card servicing subsidiary company of Krungthai Bank PLC • In July 2002, KTB sold the credit card portfolio to KTC which subsequently transformed KTC into a full consumer finance company Shareholder KTC Holding Structure Structure Thai Institutional, To
Slide 4: Business Structure & BOT Regulations
Business Structure & BOT Regulations %Gross Receivables Credit Personal Auto Title Hire Personal Loan Card Loan Loan Purchase Credit Card 32.6% 65.6% Multipurpose Multipurpose Multipurpose Multipurpose Type of Loan Unsecured Unsecured Secured or Unsecured Secured 107,093 Nationwide Nationwide Nation
Slide 5: 2024 KTC Debt Restructuring & BOT Relief Measures
2024 KTC Debt Restructuring & BOT Relief Measures Assistance Interest ▪ Extends the minimum payment at 8% Measure Rate Period from the end of 2024 to the end of 2025. Minimum ▪ Debtors who pay a minimum payment of ≥8% Payment o receive cashback, per the below rates, Change to paid quarterly in 2025.
Slide 6: Key Highlights 1Q2025
Key Highlights 1Q2025 Unit: THB Million Net Profit Credit Card Total Revenue (The Owner of the Parent) Spending 6,832 1.0% (YoY) 1,861 3.2% (YoY) 74,053 6.7% (YoY) Total Portfolio Credit Card Personal Loan Leasing (Gross A/R) 70,283 34,857 1,953 107,093 1.7% 1.5% 5.2% 34.6% (YoY) (YoY) (YoY) (YoY) T
Slide 7: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 7
Slide 8: Financial Result 1Q2025
Financial Result 1Q2025 Total Revenue Total Expense 6,832 MB 1.0% YoY 4,433 MB 1.6% YoY Unit: THB Million Cost to Income 34.9% 34.6% 35.0% 35.0% 35.1% 2022 2023 2024 1Q24 1Q25 27,456 25,418 Total Operating Expense 2,400 MB 1.3% YoY 23,231 4,110 Unit: THB Million 3,249 9,622 3,421 8,801 5,557 6,378 8
Slide 9: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Allowance for ECL 1,594 MB Separate Consolidated 5.3% YoY 8.4% 8.7% 7.2% 7.0% 7.5% Credit Cost Separate Consolidated 8.2% 8.0% 6.7% 6.4% 7.1% Unit: THB Million 6.1% 6.4% 6.0% 4.7% 5.2% 9,763 6.3% 8,792 7,966 8,071 5.9% 5.7% 7,399 5.0% 4.7% Unit: THB Million
Slide 10: Financial Position & Funding
F inancial Position & unding Balance Sheet Highlight Interest Bearing Debt (Original Term) Unit: THB Billion Unit: THB Billion 112.8 111.1 107.5 70.00 66.4 10.00% 101.8 61.6 61.9 9.00% 56.5 77.0 60.00 70.2 71.2 65.8 8.00% 50.00 7.00% 35.8 39.9 41.7 31.6 72% 68% 6.00% 40.00 74% 71% 5.00% 2.22 2.15 1.
Slide 11: Key Financial Ratio
Key Financial Ratio Yield on Loan & NIM & COF Net Profit Margin Yield on Loan NIM COF Separate Consolidated 14.6% 14.8% 14.5% 14.7% 14.6% 31.1% 28.9% 27.9% 13.2% 13.2% 12.9% 13.1% 13.0% 27.6% 27.7% 30.5% 28.7% 2.39% 2.64% 2.79% 2.85% 2.96% 27.1% 26.7% 27.2% 2022 2023 2024 1Q24 1Q25 2022 2023 2024 1Q
Slide 12: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 12
Slide 13: Credit Card Industry & Market Share
Credit Card Industry & Market Share Credit Card Penetration GDP Growth (%YoY) Total Credit Card Total Credit Card PCE (THB Trillion) 50.0% Spending (THB Trillion) Spending (%) 30.0% 3.1% 3.4% 4.2% 4.2% 2.2% 1.6% 2.6% 1.9% 2.5% -6.2% 10.0% 10.34 10.82 12.00 -10.0% 9.47 90.0% 8.30 8.42 10.00 7.58 8.00
Slide 14: Credit Card Performance
Credit Card Performance Portfolio Portfolio Growth Quality 15.4% KTC NPL 2.60% 2.73% 7.2% 2.45% (%YoY) Industry 1.89% -0.7% 1.5% Industry 8.5% (%YoY) 3.3% NPL KTC -3.2% -2.7% 1.06% 1.15% 1.25% 1.21% 74,441 73,954 923 69,462 70,283 730 851 844 2022 2023 2024 1Q25 2022 2023 2024 1Q25 Total Credit Card
Slide 15: Personal Loan Performance
Personal Loan Performance Portfolio Portfolio Growth Quality 17.9% 3.52% 3.40% 3.25% KTC 13.5% NPL 2.93% (%YoY) Industry 5.2% Industry 1.2% 2.81% 2.99% 10.4% NPL KTC 2.46% 2.35% (%YoY) 7.5% 1.1% -0.3% 1,024 896 853 807 32,283 34,716 35,096 34,857 2022 2023 2024 1Q25 2022 2023 2024 1Q25 Total Persona
Slide 16: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 16
Slide 17: Target vs Actual 2025
Target vs Actual 2025 Actual Target Actual Unit: THB Million Y2024 Y2025 1Q25 Net Profit 7,437 > 7,437 1,861 Total Portfolio Growth 1.1% 4-5% 1.7% Portfolio Quality (%NPL) 1.95% ≤ 2.0% 1.97% Credit Card Spending Growth (%) 10.1% 10% 6.7% KTC PROUD Portfolio 0.6% Growth (%) (0-90 Days) 3% 0.6% New Bo
Slide 18: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 2025 5 KTC Sustainability 18
Slide 19: KTC Sustainability
KTC Sustainability Vision KTC is a member company in the payment and retail lending business with an emphasis on being a trusted organization with sustainable growth To provide better financial products and services to enhance Purpose quality of life for all Thais Strategies Economic Dimension Socia
Slide 20: Appendix | KTC Ratio Formula
Appendix | KTC Ratio Formula Cost to Income Total Operating Expense / Total Revenue Credit Cost Expected Credit Loss (ECL) / Total Gross A/R %NPL (Total Stage 3 (Excluding Accrued Interest)) / Total Gross A/R (Excluding Accrued Interest) NPL Coverage Ratio Total Allowance / (Total Stage 3 + NPL (Exc
Slide 21: Thank You
THANK YOU irktc@ktc.co.th Disclaimer: This presentation is intended only for use by Krungthai Card Public Company Limited (KTC). No copy or use of this presentation should occur without the permission of KTC. KTC retains all intellectual property interests associated with the presentation. KTC makes
Krungthai Card Public Company — Q1 2025 Earnings Presentation on 6ix