Krungthai Card Public Co. Ltd. · SET:KTC
Krungthai Card Public — H1 2025 Earnings Presentation
21 slides from Krungthai Card Public's earnings presentation, August 2025
Slide 1: KTC Performance 1H2025
KTC PERFORMANCE 1H2025 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, 19
Slide 4: Business Structure & BOT Regulations
Business Structure & BOT Regulations %Gross Receivables Credit Card Personal Auto Title Credit Card Personal Loan 65.3% 33.0% Loan Loan Multipurpose Multipurpose Multipurpose Type of Loan Unsecured Unsecured Secured or Unsecured 107,104 Nationwide Nationwide Nationwide Million Baht Minimum Leasing I
Slide 5: KTC Debt Restructuring & BOT Program "You Fight, We Help" Phase II
KTC Debt Restructuring & BOT Program “You Fight, We Help” Phase II ▪ The minimum monthly 1H25 Assistance Interest payment is 8%, effective 0.5% Measure Rate Period through the end of 2025. 2H25 of outstanding Minimum ▪ Pay 8% or more monthly to earn cashback, which balance 0.25% Payment of outstandi
Slide 6: Key Highlights 1H2025
Key Highlights 1H2025 Unit: THB Million Net Profit Credit Card Total Revenue (The Owner of the Parent) Spending 13,644 0.7% (YoY) 3,755 3.5% (YoY) 146,584 4.4% (YoY) Total Portfolio Credit Card Personal Loan Leasing (Gross A/R) 69,925 35,396 1,782 107,104 1.2% 1.0% 4.0% 29.4% (YoY) (YoY) (YoY) (YoY)
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 1H2025
Financial Result 1H2025 Total Revenue Total Expense 13,644 MB 0.7% YoY 8,773 MB 2.5% YoY Unit: THB Million Cost to Income 34.9% 34.6% 35.0% 34.9% 35.1% 27,456 2022 2023 2024 1H24 1H25 25,418 23,231 4,110 3,249 Total Operating Expense 4,786 MB 1.2% YoY Unit: THB Million 3,421 6,378 5,557 9,622 4,973
Slide 9: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Allowance for ECL 3,116 MB Separate Consolidated 7.6% YoY 8.4% 8.7% 7.7% 7.2% 7.1% Credit Cost Separate Consolidated 8.0% 8.2% 6.7% 6.7% 7.2% Unit: THB Million 6.1% 6.4% 5.8% 4.7% 5.2% 9,763 8,792 8,194 7,966 7,525 5.9% 6.3% 5.7% 4.7% 5.0% 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 66.4 112.8 70.00 10.00% 111.1 106.0 61.6 61.9 101.8 57.8 9.00% 60.00 77.0 71.2 8.00% 70.2 65.9 50.00 7.00% 39.9 40.2 71% 68% 6.00% 31.6 35.8 40.00 74% 68% 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% 14.7% 31.1% 13.2% 13.2% 12.9% 13.0% 13.1% 28.9% 28.1% 27.6% 27.6% 30.5% 2.79% 2.78% 2.90% 28.7% 2.39% 2.64% 27.1% 26.8% 27.5% 2022 2023 2024 1H24 1H25 2022 2023 2024 1H
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% 3.4% 4.2% 4.2% 2.2% 2.6% 1.9% 2.5% 3.1% 1.6% 10.0% -10.0% -6.2% 10.34 10.82 12.00 70.0% 9.47 8.30 8.42 10.00 7.58 8.00
Slide 14: Credit Card Performance
Credit Card Performance Portfolio Portfolio Growth Quality 2.60% 2.81% 15.4% 2.45% 2.23% KTC 7.2% NPL (%YoY) -0.7% 0.9% 1.0% Industry 1.89% Industry 8.5% (%YoY) 3.3% NPL KTC -3.2% -1.1% 1.42% -2.5% 1.15% 1.25% 1.14% 1.06% 74,441 73,954 69,253 69,925 69,462 923 976 791 730 851 2022 2023 2024 1H24 1H2
Slide 15: Personal Loan Performance
Personal Loan Performance Portfolio Portfolio Growth Quality Industry 17.9% NPL 3.52% 3.40% 3.44% (%YoY) 13.5% 7.5% 2.93% 3.09% Industry 4.0% KTC 1.2% (%YoY) 10.4% NPL KTC 2.81% 2.99% 7.5% 1.9% -0.9% 2.46% 2.21% 2.32% 1.1% 1,024 32,283 34,716 35,096 34,028 34,964 896 853 744 812 2022 2023 2024 1H24
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 1H25 Net Profit 7,437 > 7,437 3,755 Total Portfolio Growth 1.1% 4-5% 1.2% Portfolio Quality (%NPL) 1.95% ≤ 2.0% 1.83% Credit Card Spending Growth (%) 10.1% 10% 4.4% 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 KTC is a member company in the payment and retail lending business Vision 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
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