JMart Q2 Profit Surges 92% on Mobile Lending Growth
JMart Group's Q2 profit nearly doubled to 213 million baht, driven by surging mobile lending operations and strong contributions from joint ventures and subsidiaries. The company's mobile division expanded to over 300 branches with profit j
JMart Group Holdings reported robust second-quarter performance in 2025 with net profit attributable to shareholders of 213 million baht, a 91.9% increase from 111 million baht in the same period last year. The first-half result reached 375.7 million baht, up 49.5% from 251.3 million baht, reflecting strong operational momentum driven by mobile phone retail operations and increased profit contributions from associated companies and joint ventures.
Key contributors included JK AMC, KB J Capital, Singer Thailand, and restaurant operator Suki Tee. In Q2, JMart recognized 80.4 million baht in joint venture profit gains, up 19.3%, while the six-month figure totaled 195.4 million baht, up 34.2%. Subsidiary profit shares for the first half reached 272 million baht, up 7.4%.
JMart Mobile, operating over 300 branches, generated Q2 net profit of 71.2 million baht, up 137%, and first-half profit of 128 million baht, up 146%, with revenue reaching approximately 5,070 million baht. CEO Adisak Sukumvithaya emphasized the synergy ecosystem driven by three growth engines: the Mobile Phone Lending Ecosystem linking retail, finance, and Lock Phone technology. KB J Capital's Samsung Finance+ held a portfolio of 12,580 million baht with 1.40 million accounts as of June 30, 2025, rising to 1.41 million in July, while SG Finance+ carried 8,441 million baht, bringing combined mobile lending portfolios above 21 billion baht.
