JMART second-quarter profit surges 92% to 213 million baht

Earnings
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Jaymart Group Holdings Public Company Limited, or JMART, reported second-quarter net profit attributable to shareholders of 213 million baht, up 91.9% from the same period last year. This brought first-half net profit to 375.7 million baht, an increase of 49.5% from 251.3 million baht. The main drivers were the mobile phone and accessories distribution business, as well as higher profit sharing from joint ventures and associates, especially JK AMC, KB J, SINGER, and Suki Tee Noi. JMART recognised first-half profit sharing from Suki Tee Noi of 100.5 million baht on a proportionate basis. Meanwhile, the Lock Phone mobile credit portfolios from KB J and SG Finance+ together exceeded 21 billion baht. JMT posted first-half net profit of 486.2 million baht and announced an interim dividend of 0.27 baht per share, with the ex-dividend date set for 24 August 2026 and payment on 11 September 2026. JAS Asset's first-half net loss narrowed by 10.4% to 118.4 million baht, but excluding the impact of fair value adjustments on investment properties, it recorded normal operating profit of 77.2 million baht, up 50.8%.

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JAS Asset's first-half net loss narrowed and normal operating profit rose 50.8%.