NCAP wins 8.5 billion debt portfolio Truck loans are booming – the stock dimension

2023-05-22 15:05:59

Stock dimensions – NCAP Broker expects earnings to come back to standout, truck loans support Confident that the loan portfolio for the year 2022 will reach 8.5 billion baht.

NCAP by Yuanta Securities (Thailand) stated that it expects profits in 2023 to return to be outstanding. Industrial Parks That May See More Provisions with the ability to track debts Ready to set a target for 2-5 years to grow from accelerating the expansion of the truck hire-purchase portfolio, driving net profit to grow by more than 15% per year. Net profit is expected this year at 274 million baht, growing 66% from last year.

“Aiming for this year, credit portfolios

touch 8.5 billion.”

“Punnamas Wichitkulwongsa”, CEO of NCAP, revealed that in 2023, the total loan portfolio has been adjusted to grow by 20%.
From the original target of 10-15% to the level of 8,200 – 8,500 million baht as a result of the motorcycle hire purchase business in Q1/66 grew better than planned.

“Confident in Q2, the budget will recover

Support truck loans

while the trend in Q2/23 continues to grow From expanding to the used truck hire purchase market which is a large market, regarding 50,000 million baht, is expected to be able to provide loans to reach 1,000 million baht by the end of the year from approximately 10% of the total loan portfolio.

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