Star Money Public Company Limited, or STARM, expects second-quarter 2026 performance to grow on sales of electrical appliances, especially air conditioners which benefited from extremely hot weather, while asset quality improved. For the second half, the company sees the economy as still fragile and K-shaped, so it is adopting a cautious policy and not focusing much on loan growth. As a result, full-year 2026 revenue is expected to be flat or up only slightly, but profit will grow better than the 84 million baht achieved in 2025, because the company has shifted to expanding its hire-purchase business portfolio, which currently accounts for only 15 percent compared with the main portfolio of car title loans at about 85 percent. The hire-purchase business has a gross profit margin of around 15 to 16 percent and shorter contract terms, allowing faster capital turnover and better profitability.
Star Money Public Company LimitedExpects strong profit growth in 2026 driven by expanding hire-purchase portfolio with higher margins and faster capital turnover.
