KTC Makes Fortune Southeast Asia 500 List by Revenue Ranking in 2023

Mrs. Rojjana Ussayaporn, Chief Financial Officer, "KTC" or Krungthai Card Public Company Limited, revealed, "This year, we are pleased to announce that Fortune magazine, one of the world's most trusted business media outlets, has ranked companies in Southeast Asia for the first time in the 2024 'Fortune Southeast Asia 500.' KTC is ranked 352nd among the 500 companies in Southeast Asia based on revenue in 2023. As of December 31, 2023, KTC reported a revenue of 730.9 million USD, reflecting a growth of 9.9% year-over-year. The company also achieved a profit of 209.8 million USD, representing a growth of 3.5%, and held assets worth 3,284 million USD. KTC employs 1,649 employees with a market value of 2,990 million USD as of May 1, 2024."

"KTC's inclusion in the Fortune Southeast Asia 500 is a testament to its strong performance and business expansion for sustainable growth. This achievement results from the joint efforts of stakeholders across all sectors of the business, driving KTC's continuous growth. KTC remains committed to conducting business with transparency and good governance, and collectively contributing to the creation of a sustainable Thai society."

The "Fortune Southeast Asia 500" ranking was launched in 2024 by Fortune magazine to publish a list of the 500 largest companies in Southeast Asia. This initiative highlights the region's increasing significance in the global economy. Many Global 500 multinationals have relocated their production supply chains to Southeast Asian countries, contributing to the region's rapidly growing economic system.

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