Suthirak Traichira-arporn, Chief Executive Officer of JMT Network Services Public Company Limited, or JMT, disclosed that several financial institutions have begun gradually bringing non-performing loans to auction in greater numbers from late in the third quarter through early in the fourth quarter. Although the volume of large debt packages is still not substantial, it is a signal that the bad-debt market is starting to move again after previously facing a condition known as "water full to the brim of the dam." At present, the company has more than 500 billion baht in debt under management and uses a "monkey cheek" strategy to manage the level of debt in its portfolio appropriately in order to maintain its capacity to absorb new batches of non-performing loans. On cash-flow collection, it has steadied at normal levels and has recovered clearly since May after being affected by the Songkran festival and higher oil prices, with the Thai Chai Thai Plus measure providing indirect support. Meanwhile, earnings trends for the third quarter of 2026 are expected to improve over the second quarter of 2026, and the company will consider adjusting its policy on setting aside expected credit loss provisions, or ECL, in line with trends in debtor behaviour. In addition, JMT is continuing to expand its debt mediation centres. It currently has 58 branches in total and aims to have nearly 40 debt mediation centres by the end of this third quarter.
JMT Network Services Public Company LimitedQ3 2026 earnings are expected to improve over Q2 2026, with possible ECL provision adjustments in line with debtor behaviour.
