Singer Thailand Public Company Limited, or SINGER, reported a second-quarter 2026 net profit of 149 million baht, the highest level since early 2023, compared with a loss of 14 million baht in the same period last year. Total revenue rose 28.7% to 1.102 billion baht, bringing first-half net profit to 292 million baht and total revenue to 2.115 billion baht, up 30.3%, supported by mobile phone sales expanding through the SG Finance+ platform and interest income rising 17.8% to 1.532 billion baht. For the third quarter of 2026, the company targets sales growth of 25% from the previous quarter and plans to launch Lock Appliance in late September to extend the Lock Phone model into the electrical appliance segment. Meanwhile, subsidiary SG Capital Public Company Limited, or SGC, reported a second-quarter 2026 net profit of 203.50 million baht, up 186.42% year-on-year and the highest since its listing on the stock exchange. First-half net profit reached 379.71 million baht, up 229.29%, as Lock Phone became the number one credit portfolio, accounting for 60% of total credit, while expected credit losses fell 25.35% in the second quarter. SGC targets new loan disbursements of no less than 14 billion baht in 2026, growing more than 50% from 9.3 billion baht in 2025.
Singer Thailand Public Company LimitedSINGER's Q2 net profit surges to 149 million baht from a loss, with revenue up 28.7%.
SG Capital PCLSubsidiary SGC reports Q2 net profit up 186% YoY, highest since listing, with strong credit portfolio growth.
