Star Money Public Company Limited, or STARM, expects its third-quarter 2026 operating results to show improved sales compared with the same period a year earlier, driven by growth in its hire-purchase portfolio and a clear improvement in debt quality management, even though interest income will decline slightly due to stricter lending, particularly in the truck loan segment, which has reduced the size of the portfolio. Chusak Wiwatwongkasem, Managing Director, told "Than Hoon" that third-quarter 2026 results will slow from the second quarter of 2026 due to seasonal factors, as the onset of the rainy season pressures air conditioner sales, while flooding in the eastern region affects the business only in the short term. The company views this as an opportunity once the waters recede, from demand to buy new electrical appliances and household equipment to replace damaged items. Currently, the NPL level stands at approximately 4%. The company is preparing to expand into new markets in electric motorcycles and second-hand smartphones, which will begin in the fourth quarter of 2026, while maintaining its total loan portfolio target at approximately 2.4 billion baht and expecting profit to grow clearly over the previous year.
Star Money Public Company LimitedSTARM expects Q3 2026 earnings growth driven by growth in its hire-purchase portfolio and plans to expand into EV motorcycles and second-hand smartphones.
