FSMART reports B390 million in 9-month net profit
Forth Smart Service Plc (FSMART) has reported 1.89 billion baht in total revenue and 390 million baht in net profit in the first nine months of this year.
FMSART, a leading financial services provider in Thailand, has reported a net profit of 390 million baht in the first nine months of the year, according to Boonterm top-up machine transactions and other revenue streams. The company's ubiquitous Boonterm top-up machines generated 25.97 billion baht in financial transactions from January to September, with 114,405 machines operating nationwide, as reported by Managing Director Narongsak Lertsuptavee.
Interest earned from the company's lending business increased by 14.5% year-on-year to 271 million baht, while outstanding loans rose by 23.5% to 1.83 billion baht. Despite the high cost of living, household debt, and severe flooding, FSMART generated 628 million baht in revenue and 121 million baht in net profit in the third quarter of 2026, down from 139 million a year earlier.
The company plans to introduce international money transfer services in the fourth quarter and expand its electric vehicle charging infrastructure, targeting migrant workers.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
