JMART targets net profit of 2 billion baht by 2028

EarningsCorporate Action
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Summary · why it matters

Jaymart Group Holdings has unveiled a plan to drive profit through its business ecosystem, targeting net profit of 2 billion baht by 2028 under the JUMP+ plan, with mobile phone lending as a key mechanism. The lock phone portfolios of SGC and KB J Capital together exceed 21 billion baht, supporting Jaymart Mobile's first-half net profit of 128 million baht, up 146 percent from the same period last year. The company expects second-half growth to outpace the first half and aims for a record full-year profit this year. Meanwhile, JMT has set a debt purchase budget of about 2 billion baht this year and expects ECL to trend lower. SGC targets new lending of no less than 14 billion baht. SINGER is preparing to launch new products and lock appliance offerings in September. Suki Tee Noi is accelerating branch expansion to 160 locations, and JAS Asset is pushing Hotel and Wellness as an additional growth driver. The group is preparing to list Suki Tee Noi, KB J Capital, and J Ventures on the stock exchange.

Impact on stocks 5

Digital Finance & Tokenization · 1 stocks
Industrials · 1 stocks
Financials · 1 stocks
SG Capital PCL
SGC
▲ PositiveDemandrelevance

SGC targets new lending of no less than 14 billion baht, indicating strong loan demand.

Consumer Discretionary · 1 stocks
Aging Population · 1 stocks

Off-coverage companies 4

Jaymart MobilePrivate▲ Positive
Demandrelevance

Jaymart Mobile's first-half net profit up 146% year-on-year, with second-half growth expected to outpace first half.

KB J CapitalPrivate▲ Positive
Demandrelevance

KB J Capital's lock phone portfolio supports lending growth and profit.

BNN Restaurant Group (Suki Teenoi)Private▲ Positive
Demandrelevance

Suki Tee Noi accelerating branch expansion to 160 locations drives growth.

J Ventures Company LimitedPrivate▲ Positive
Capitalrelevance

J Ventures is preparing for stock exchange listing, a capital event.