reduce the risk of asset quality by being conservative in personal loans and hire purchase. Profit and Loss Statement Unit : Million Baht Consolidated 1Q/23 2Q/23 %LQ 1H/22 1H/22 %LY Credit card income
year to be in parallel with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for
with the plunge in sales revenue. Nevertheless, some of the sales expenses did not adjust promptly and did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the
did not fully mirror the slowdown in revenue as there is a lead time for certain expenses that the Company must plan in advance such as advertising expenses spent on various media. Furthermore, the
of Thailand cut the ceiling rates of interest rates on credit card from 18% to 16% per annum and personal loan from 28% to 25% per annum, effective from August 1, 2020 onwards. On the other hand, our
service (e-KYC) Expanding 2 new businesses: Personal Loan/Nano Finance and the service station for charging/replacing battery for electric motorcycle The company emphasizes the efficiency of Boonterm
increased by 9% y-y, especially in personal loan and hire purchase products as well as continued growth from bad debt recovery by 33% y-y. The revenue from overseas subsidiaries grew by 60% y-y as a result of
) Expanding to 2 new businesses, namely Personal Loan / Nano Finance Business and the payment system for member stores (Merchant Network) 6 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management
2020. At the present, Forth Smart Trading Co., Ltd., a subsidiary of the Company, has already received a license from the Ministry of Finance through the Bank of Thailand to do personal loan, nano
been expanding more online service channels to customers and reduced the Company’s operation cost. As a result, the Cardless transactions currently accounted for 95% of total personal loan sales which