ASP Shifts Focus to Wealth Management Following 516% Profit Growth

Prachachat•Economy•1d ago

Reader Briefing

Asia Plus Group is pivoting toward Wealth and Asset Management to diversify revenue streams and reduce dependence on capital market volatility.

•Asia Plus Group reported a net profit of 324.92 million baht for the first half of 2026, an increase of 516%.
•The group's Asset Management business became the highest revenue generator, accounting for 43% of total revenue.
•Assets Under Management (AUM) reached 80,117 million baht by the end of the second quarter of 2026.
•Asia Plus Group is implementing the 'ASP' strategy focusing on Asset Under Management, Seamless Journey, and Professional Advisory.

Overview

•Asia Plus Group is accelerating its Wealth and Asset Management sectors to push Assets Under Management beyond 80 billion baht.
•Asia Plus Group recorded total revenue of 1,534 million baht in the first half of 2026, a 57% increase from the previous year.
•The net profit margin of Asia Plus Group rose to 20.9% from 5.4% during the same period last year.
•Asset Management revenue grew to 652 million baht from 448 million baht in the first half of the previous year.
•Brokerage revenue was 377 million baht, Investment Banking/Capital Market revenue was 155 million baht, and Investment revenue was 349 million baht.
•Assets Under Management at the end of Q2/2026 consisted of 57,081 million baht in mutual funds and 23,036 million baht in private funds.
•Phitayen stated that the expansion of Assets Under Management is a key factor in increasing the group's recurring income base.
•Asia Plus Group aims to transform from a capital market service provider into a comprehensive wealth management platform.

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Key Quotes

Phitayen

"Asia Plus will continue to create a balance between the growth of existing businesses and the expansion of Wealth Management and Asset Management, while upgrading advisory services and using technology to increase efficiency in customer care to create quality and continuous growth in the long term."

เอเซีย พลัส จะยังคงเดินหน้าสร้างสมดุลระหว่างการเติบโตของธุรกิจเดิมกับการขยาย Wealth Management และ Asset Management พร้อมยกระดับการให้คำปรึกษาและนำเทคโนโลยีมาเพิ่มประสิทธิภาพในการดูแลลูกค้า เพื่อสร้างการเติบโตที่มีคุณภาพและต่อเนื่องในระยะยาว

Key Entities

Organization

Asia Plus Group(เอเซีย พลัส กรุ๊ป)

A financial services group shifting its focus toward Wealth and Asset Management to create recurring income.

Person

Phitayen(นายพิทเยนท์)

A representative of Asia Plus Group who discussed the group's AUM expansion and long-term growth strategy.