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Bangkok Post

Business

KTC records 20% net profit growth in 2022

KTC KTB SET Thailand

Chief executive Rathian Srimongkol says KTC is ready to grow car title loans aggressively this year.

SET-listed Krungthai Card (KTC), a non-bank business under Krungthai Bank (KTB), posted net profit growth of 20% in 2022, thanks to Thailand's economic rebound and improving tourism after the country's reopening.

KTC reported consolidated net profit of 7.07 billion baht for 2022, an increase of 20.4% year-on-year.

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