SAK first-half profit rises 3.4%, targets loan portfolio of 16 billion baht this year

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Saksiam Leasing Public Company Limited, or SAK, reported first-half net profit for 2026 of 454 million baht, up 3.4% from the same period last year, with total revenue of 1.686 billion baht and a total loan portfolio of 14.877 billion baht, roughly flat with a 0.2% decline from a year earlier. Growth was supported by the addition of 35 branches to reach 1,114 branches covering 48 provinces, as well as growth in agricultural vehicle registration loans and solar loans. In the second quarter of 2026, total revenue was 883 million baht, up 2.7%, and net profit was 225 million baht, up 4.4% from a year earlier. The non-performing loan ratio stood at 2.7% at the end of the second quarter, up slightly from 2.6% at the end of the first quarter. The company plans to offer its first bond issuance of 2026 under its medium-term note program with a ceiling of 3 billion baht, a three-year tenor, and a fixed coupon of 5.60% per annum, open for subscription from 24 to 27 August 2026. It targets a full-year 2026 loan portfolio of 15.5 billion to 16 billion baht, representing growth of 8% to 10%.

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