Kiatnakin Phatra Bank PCL (KKP) Q1 2025 earnings summary

Executive summary

• Interim consolidated and separate financial statements for the three months ended 31 March 2025 were reviewed with no material misstatements found, in accordance with Thai Accounting Standard 34.

• The Group comprises commercial banking, capital market, and debt restructuring segments, all operating in Thailand.

Financial highlights

• Consolidated net profit for Q1 2025 was THB 1,061.6 million, down from THB 1,506.0 million in Q1 2024.

• Total operating income was THB 5,953.3 million, a decrease from THB 6,832.1 million year-over-year.

• Earnings per share (basic) was THB 1.28, compared to THB 1.78 in the prior year.

• Total assets as of 31 March 2025 were THB 483,664 million, down from THB 498,429 million at year-end 2024.

• Net loans to customers and accrued interest receivables stood at THB 349,731 million, a decrease from THB 354,941 million at year-end.

Outlook and guidance

• The Group continues to maintain capital adequacy ratios above regulatory requirements and monitors capital needs in line with risk appetite.

• No material changes in total assets or liabilities from the previous annual financial statements.