AEON Thana Sinsap (Thailand) Public Company LimitedQ2 profit fell 18.8% YoY to 642.36 million baht on higher expected credit loss expenses.

AEON Thana Sinsap (Thailand) Public Company Limited, or AEONTS, informed the Stock Exchange of Thailand that its board of directors has resolved to pay an interim dividend from operating results for the period from March 1, 2026 to August 31, 2026, and from retained earnings, at 3.00 baht per share. The stock will go ex-dividend on October 21, 2026, with the record date for dividend entitlement set for October 22, 2026, and payment scheduled for November 6, 2026. In addition, AEONTS reported operating results for the second quarter ended August 31, 2026, with a profit of 642.36 million baht, down 18.8% from 791.54 million baht in the same period a year earlier, and down 19.0% from the previous quarter. The decline in profit stemmed from higher expected credit loss expenses, or ECL. However, the company maintained its gross profitability through effective cost control, particularly in managing expenses in its core business. Total revenue for the second quarter of fiscal year 2026 was 5,154 million baht, flat from the previous quarter but down 5.8% from the same quarter a year earlier. The decline in interest income this quarter continued to reflect the adjustment of the portfolio mix and the gradual reduction in the size of credit card, personal loan, and hire purchase loan portfolios, though it was still supported by strong growth in other income.
AEON Thana Sinsap (Thailand) Public Company LimitedQ2 profit fell 18.8% YoY to 642.36 million baht on higher expected credit loss expenses.