Business Performance
BAM is ready to support the financial institutions system in the revival of distressed assets to drive Thai economy and society towards sustainable growth.
Non-performing Loans
Income from NPLs decreased YoY, mainly due to the repayment of accrued receivables by a major debtor in Q2/2025.
Non-performing Assets
Income from NPAs increased YoY from the sale of high-value NPA.
Expenses and Others
Total operating expenses increased YoY mainly due to impairment loss on NPAs.
Collection Proportions FY2025
Non-performing Loans
NPLs Collection
Million Baht
NPLs
Collection
Non-performing Assets
NPAs Collection
Million Baht
NPAs
Collection
2026F
Collection Target
Million Baht
| 2023 | 2024 | 2025 | 2026F | |
|---|---|---|---|---|
| NPLs | 8,452 | 8,630 | 10,670 | 10,500 |
| NPAs | 6,698 | 6,531 | 7,187 | 7,400 |
| Total Collection | 15,150 | 15,161 | 17,857 | 17,900 |
Unit : Million Baht
| 2024 | 2025 | %YoY | ||||||
|---|---|---|---|---|---|---|---|---|
| Operating Income | ||||||||
| Income from Loans Purchased of Receivables (NPLs) | 10,076 | 9,696 | (4) | |||||
| Income from Sale of Properties for Sale (NPAs) | 2,472 | 3,370 | 36 | |||||
| Other Operating Income | 263 | 332 | 26 | |||||
| Total Operating Income | 12,811 | 13,398 | 5 | |||||
| Expected Credit Loss | 4,717 | 4,639 | (2) | |||||
| Net Operating Income | 8,094 | 8,759 | 8 | |||||
| Operating Expenses | 2,914 | 3,334 | 14 | |||||
| Interest Expenses | 3,231 | 3,161 | (2) | |||||
| Total Operating Expenses | 6,146 | 6,495 | 6 | |||||
| Profits Before Income Tax | 1,949 | 2,264 | 16 | |||||
| Total Income Tax | 347 | 452 | 30 | |||||
| Net Profit | 1,602 | 1,812 | 13 | |||||
Note:
This table is abridged version of FS in equity method, and the summation of some figures may not add up due to rounding.
