Krungthai Card Public Co. Ltd. · SET:KTC
Krungthai Card Public — FY2024 Earnings Presentation
28 slides from Krungthai Card Public's earnings presentation, 2025
Slide 1: KTC Performance Y2024
KTC PERFORMANCE Y2024 MSCI Global Standard Index since May 2020 Outstanding CFO 2024
Slide 2: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target 2025 2025 5 KTC Sustainability KRUNGTHAI CARD PUBLIC COMPANY LIMITED 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 Structure KTC Holding Structure Thai Institutional, 8.
Slide 4: Business Structure & BOT Regulations
Business Structure & BOT Regulations %Total Gross A/R Credit Personal Auto Title Hire Credit Card Personal Loan Loan Loan Purchase Card 66.5% 31.6% Multipurpose Multipurpose Multipurpose Multipurpose Type of Loan Unsecured Unsecured Secured or Unsecured Secured 111,162 Nationwide Nationwide Nationwi
Slide 5: 2024 KTC Debt Restructuring & BOT Relief Measures
2024 KTC Debt Restructuring & BOT Relief Measures Assistance Interest ▪ Extends the minimum payment at 8% from Measure Rate Period 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 Y2024
Key Highlights Y2024 Total Revenue Net Profit 27,456 MB 7,437 MB 8.0% (YoY) 1.9% (YoY) Robust Business Franchise Total Portfolio (Gross A/R) 111,162 MB 1.1% (YoY) Continuous Net Profit Expansion Credit Card Personal Loans Leasing and Spending Growth 73,954 MB 35,096 MB 2,112 MB 0.7% (YoY) 1.1% (YoY)
Slide 7: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target 2025 2025 5 KTC Sustainability KRUNGTHAI CARD PUBLIC COMPANY LIMITED 7
Slide 8: Financial Result Y2024
Financial Result Y2024 Total Revenue 27,456 8.0% Total Expense 18,190 10.9% Million Baht (YoY) Million Baht (YoY) Total Operating Expense 9,622 9.3% Total Revenue Million Baht (YoY) Unit: MB 25,418 27,456 Cost to Income Ratio 21,442 23,231 34.2% 34.9% 34.6% 35.0% 9,622 8,801 8,117 7,326 16,188 1.1%
Slide 9: Expected Credit Loss
Expected Credit Loss Expected Credit Loss Allowance for Expected Credit Loss Credit Cost (Total ECL to Total Loan) NPL Coverage ratio (Total Allowance to NPLs) Separate Consolidated Separate Consolidated 5.9% 6.1% 465% 502% 476% 413% 5.2% 4.7% 5.9% 476% 5.4% 400% 369% 4.7% 5.0% 292% Total Expected C
Slide 10: Balance Sheet and Source of Fund
Balance Sheet and Source of Fund Balance Sheet Highlight Interest Bearing Debt (Original Term) THB Billion THB Billion 112.8 111.1 70.00 66.4 10.00% 101.8 61.6 61.9 89.5 9.00% 60.00 54.4 77.0 70.2 71.2 8.00% 62.4 50.00 7.00% 35.8 39.9 72% 68% 6.00% 27.1 31.6 40.00 74% 5.00% 30.00 80% 2.30 2.22 2.15
Slide 11: Profitability Ratio
Profitability Ratio Yield on Loan & NIM & COF Net Profit Margin 14.9% 14.6% 14.8% 14.5% 31.1% 13.3% 13.2% 13.2% 12.9% 29.5% 28.9% 27.6% 30.5% 2.6% 2.8% 28.7% 2.5% 2.4% 27.4% 27.1% 2021 2022 2023 2024 2021 2022 2023 2024 Yield on Loan Net Interest Margin (NIM) Cost of Fund (COF) Separate Consolidated
Slide 12: Agenda
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target 2025 5 2025 KTC Sustainability KRUNGTHAI CARD PUBLIC COMPANY LIMITED 12
Slide 13: Credit Card Industry & Market Share
Credit Card Industry & Market Share 50.0% Credit Card Penetration 30.0% 3.1% 3.4% 4.2% 4.2% 2.2% 2.6% 1.9% 3.0% -6.2% 1.6% 10.0% 12.00 10.34 -10.0% Unit: Baht Trillion 9.47 8.42 10.00 8.00 8.30 8.10 7.06 7.30 7.58 8.00 6.96 6.00 20.0% 21.1% 21.6% 22.8% 23.6% 19.8% 19.6% 21.2% 21.0% 20.2% 4.00 2.00 1
Slide 14: Credit Card Performance
Credit Card Performance Portfolio Growth Portfolio Quality 15.4% 2.45% 2.60% KTC (%Y/Y) 7.2% 1.77% 1.89% 1.9% NPL Industry Industry -0.7% (%Y/Y) 8.5% NPL KTC -0.1% 3.3% 1.23% 1.06% 1.15% 1.25% -3.2% 69,462 74,441 73,954 923 60,201 738 730 851 2021 2022 2023 2024 2021 2022 2023 2024 Total Credit Card
Slide 15: 2025 Credit Card Marketing
2025 Credit Card Marketing Q1 Spending Trends : Sustained Growth Despite Economic Challenges Overall credit card spending continues to grow, though it remains constrained by a sluggish economic environment and persistently high household debt. At the same time, competition remains. Key highlights in
Slide 16: 2025 Credit Card Marketing: Q1 Key Activities
2025 Credit Card Marketing : Q1 Key Activities ▪ Maximize Tax Savings & Government Program Integration: Bundle KTC special promotions to position the card as the top choice for tax-saving transactions, offering additional privileges for even greater value. ▪ Offer Installments plan on big-ticket pur
Slide 17: Personal Loan Performance
Personal Loan Performance Portfolio Growth Portfolio Quality 17.9% 3.52% 13.5% 3.41% Industry (%Y/Y) 9.1% NPL Industry 2.93% 1.2% 2.92% KTC (%Y/Y) NPL KTC 10.4% 7.5% 2.99% 1.1% 2.54% 2.81% -2.3% 2.46% 1,024 34,716 35,096 843 896 853 29,235 32,283 2021 2022 2023 2024 2021 2022 2023 2024 Total Persona
Slide 18: KTC Proud Acquisition Campaign in Q1-2025
KTC Proud Acquisition Campaign in Q1-2025 2025 Special interest rate promotion at 19.99% p.a. Expand channels through KTC partners to draw attention from middle-income group Get 30-min loan approval with 0% interest for 24 months and increase first drawdown volume KRUNGTHAI CARD PUBLIC COMPANY LIMIT
Slide 19: KTC Proud Usage Campaign in Q1-2025
KTC Proud Usage Campaign in Q1-2025 667,038 KTC PROUD Members Fulfil customers’ need Swipe with value deals to meet everyday necessity Highlight readiness usage Transfer of online cash WD on KTC Mobile Start year with “Clear Debt” 2025 Withdraw to reward loyal customers with encourage for payment di
Slide 20: New Service on KTC Mobile
New Service on KTC Mobile Technological capability to serve real time customers need at fingertips Auto Credit Limit Increase Program Real Time (Auto CLIP) 2025 Selected members will get On acceptance, fill in Credit line will increase CLIP Pop-up message OTP for security purpose instantly and ready
Slide 21: What's New?
What’s New? ‘Strengthening KTC P Berm Brand Visibility’ Traffic Jam Billboard One D Online OOH – Transit – Office Building 2025 ▪ Mass Media: Traffic Signage, Digital TV are employed to strengthen KTC P Berm brand visibility Nationwide. ▪ Localized media <Billboard, Lift Ads, Umbrella> and transit m
Slide 22: What's New?
What’s New? Numbers of special promotion and privileges are curated and offered to both new and existing KTC P Berm customers throughout the year under the theme ‘KTC พี่ เบิม ้ พร้อมดูแล… เติมกำลังใจให้คนไม่ท้อ’ - Acquisition Promotion - - Privileges for existing customers - 2025 New acquisition ch
Slide 23: Target 2025
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target 2025 5 2025 KTC Sustainability KRUNGTHAI CARD PUBLIC COMPANY LIMITED 23
Slide 24: Target 2025
Target 2025 Net Profit Net Profit > Y2024 Credit Card Spending Growth 10% Total Portfolio Growth 4-5% KTC PROUD Portfolio Growth 3% Portfolio Quality (%NPL) 2025 ≤ 2.0% New Booking of P BERM Car for Cash 3,000 MB KRUNGTHAI CARD PUBLIC COMPANY LIMITED 24
Slide 25: KTC Sustainability
AGENDA 1 KTC Overview & Key Highlights 2 Financial Results Consumer Finance Industry & 3 KTC Portfolio Performance 4 Target vs Actual 5 KTC Sustainability 2025 KRUNGTHAI CARD PUBLIC COMPANY LIMITED 25
Slide 26: Sustainability Overview
Sustainability Overview 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
Slide 27: 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 28: Thank You
2025 THANK YOU 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 no claim,
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