Srisawad Capital 1969 PCLFirst-half profit jumps 146% on strong motorcycle and locked phone hire-purchase lending, with new Xiaomi cooperation and automated credit system boosting customers.

Srisawad Capital 1969, or SCAP, reported first-half 2026 net profit of 898.12 million baht, up more than 146% from the same period last year, with total revenue of 2.92 billion baht. Second-quarter net profit was 477.35 million baht, up 155.05% year on year and up 13.45% from the previous quarter. SCAP director Duangjai Kaewbutta said growth came from the core motorcycle hire-purchase lending business, which has continued to recover, and the mobile phone hire-purchase business through the locked phone system, which is the company's new S-curve. The company now has more than 7,000 dealer stores and has recently expanded cooperation with Xiaomi, adding to Realme, Huawei, Honor, Infinix, Nubia and Tecno. The company launched an automated credit system for the locked phone mobile business in July, which has helped increase customer numbers by more than 40% since the launch, and expects it to keep driving record profits throughout 2026.
Srisawad Capital 1969 PCLFirst-half profit jumps 146% on strong motorcycle and locked phone hire-purchase lending, with new Xiaomi cooperation and automated credit system boosting customers.
Xiaomi Corp
Shenzhen Transsion Holdings Co Ltd