NCAP posts record first-half profit of 376 million baht, up 34%

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Next Capital Public Company Limited, or NCAP, reported a record first-half net profit for 2026 of 376 million baht, up 34% from the same period last year. In the second quarter of 2026, net profit was 197 million baht, an increase of 10% from the previous quarter and 34% from a year earlier. Total revenue for the first half was 1.162 billion baht, up 9% year-on-year, supported by interest income from hire-purchase contracts which grew 11% to 452 million baht in the second quarter of 2026, driven by the expansion of the motorcycle hire-purchase loan portfolio, the company's core business. As of the end of June 2026, the total loan portfolio stood at 10.923 billion baht, while the non-performing loan ratio fell to 1.28%, reflecting improved portfolio quality. The company originated 3.635 billion baht in new loans in the first half, a 15% increase from the previous year, and plans to continue aggressive loan expansion in the second half.

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