Bangkok, 27 May 2025 – In a financial feat reminiscent of barnstorming spectacles, Ngern Tid Lor Public Company Limited (NTL) has soared to dizzying new heights. This quarter, they unveiled record-breaking financial results for the first quarter of 2025, raking in a remarkable net profit of THB 1,218 million. This figure isn’t just a testament to their prowess; it reflects a hearty 10.3% surge from the same time last year and an impressive 16.6% leap from the previous quarter. All eyes are on NTL as their total revenue reached THB 5,640.4 million, a 6.2% ascent year-on-year, fueled by robust lending and insurance brokerage ventures, securely buoyed by wise cost management strategies.
Travel a little further into NTL’s financial landscape, and you’ll discover that by March 2025, the company’s loan portfolio reached a staggering THB 104.7 billion. This marks a 4.6% year-on-year climb, credit to a swelling lending customer base, which grew by 10%. Like a nimble ballet of bytes and hard cash, NTL’s keen focus on digital transformation is paying off. A star player in this digital debut is the Tidlor Card, which has become quite the darling of the customers with over 741,000 cards now in eager circulation. Almost three-fourths of loan disbursements are now conducted through their user-friendly E-Withdrawal feature, making cash transfers as breezy as a tropical breeze.
Meanwhile, storming the insurance citadel, their brokerage business stood firm, collecting a hearty THB 2,772.2 million in total non-life premiums for Q1/2025. This represents an 8.7% improvement from the prior year, thanks to an alluring portfolio of auto, personal, and property insurance offerings. Digital frontiers expand as user-friendly platforms like Areegator and heygoody.com step up, enhancing user access and engagement. Furthermore, Shield Insurance struts its stuff with over 5,000 agents and a tireless 24/7 call center offering personalized services, ensuring that customer satisfaction isn’t just a goal but a guaranteed promise.
The helmsman at NTL, Managing Director Piyasak Ukritnukun, eloquently described the company’s balanced and measured approach as it navigates through sensitive economic seas. He attributed their triumphs to the stellar mix of prudent loan origination and effective debt collection, successfully trimming the NPL ratio to a lean 1.78%, while credit costs gracefully descended to 2.96%. Much like a steadfast ship with a trusted anchor, NTL’s financial soundness is bolstered by a praiseworthy TRIS “A/Stable” credit rating and a generous THB 24 billion tucked away in readily accessible credit facilities.
Looking to the horizon, NTL is laying bricks on its path to a newer, loftier platform with its corporate restructuring plan in full swing. Tidlor Holdings Public Company Limited is all set for its grand entrance on the Stock Exchange of Thailand in mid-May 2025, donning the ticker “TIDLOR” like a badge of honor. This strategic move is anticipated to add a strong feather to their already impressive cap.
For those longing to delve deeper into this financial symphony and dance with the numbers, head over to their virtual abode at www.tidlorinvestor.com.
Wow, NTL is really making moves! This net profit is insane. How are they keeping up with such explosive growth?
It’s all about their digital transformation and strategic cost management. They’re simply outmaneuvering competitors.
That makes sense, but I wonder if such rapid growth is sustainable long-term. What happens if their digital strategies plateau?
Sustainability is key. If they keep evolving with consumer needs, they’ll stay ahead. But they must innovate continuously.
This sounds too good to be true. I bet there’s more to the story that they’re not sharing with us!
Impressive numbers, but are they ethical? Corporations always have a dark side…
What makes you say that? If they follow regulations, can’t they be ethical AND profitable?
Corporate ethics go beyond regulations. It’s about the impact on communities and fair practice.
Emily, that’s quite cynical, but it’s a good reminder to keep both eyes open. Profit should not come first at all costs.
Why are people so quick to judge success? They’ve clearly earned their profits through smart investments.
Certainly a remarkable achievement for NTL. The key will be maintaining this performance amidst potential economic downturns.
But isn’t that always the challenge for big businesses? NTL might have a plan for that.
True, Mary. Their restructuring and expansion into the stock market could be a solid buffer.
Seems like their focus on digital platforms is really working. But what about the rural population?
Anyone else think NTL’s going to hit a wall soon? No company can keep climbing forever without hitting resistance.
It’s rare, but some companies manage long-term growth through continuous innovation. Let’s see if NTL can do it.
Their loan portfolio increase is staggering. It’s crazy how many people are borrowing right now!
The Tidlor Card seems revolutionary, gonna keep an eye on it!
Yup, it’s definitely a neat concept, but how many folks can afford to use it wisely?
Larry, that’s a valid point. Financial literacy needs to keep pace with these digital offerings.
NTL’s expansion into the Stock Exchange is a smart move. Could it spell more stability for them?
Seems like the praise for their insurance offerings is real, but how do they compare to competitors in premiums and payouts?
They are currently leading, thanks to a strong digital portfolio. But there’s always room for competition.
Great news! I’ve invested in NTL, and this report makes me optimistic about future returns.
All this digital talk – my grandma wouldn’t know even how to start using these services!
Digital can be intimidating, but with proper education, anyone can become savvy.
True Rebecca, but the pace of change is overwhelming for older generations.
Questioning the non-life premiums report: is such positive growth achievable year-on-year indefinitely?
Thrilled about this rise, but worried about Thailand’s economy overall. Will growth in companies like NTL help the average person?