addition, the increased revenue can cover more fixed expenses. As a result, the profit in Q3–2024 increased at a higher rate than the increase rate in revenue compared to profit in Q2–2024 and Q3–2023
emphasize on growing market share to become the leading brand in Thailand by stressing importance on effectiveness of corporate communication on both media advertising and promotional spending, as well as
, which is expected to commence in 2021. In 2019, Selling and administrative expenses (SG&A) level of spending was at 22.2% of sales (for Q4’19, SG&A spending was at 21.9% of sales), in accordance with the
and promotional spending as a percentage to sales. In addition, administrative expenses declined by -44.9% YoY in Q4’18 due to last year’s various extra expenses aforementioned. The Company Q4’18
income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the disbursement of
, core SG&A declined, benefitting from lower selling and marketing expenses, administrative expenses reversal (lower pension spending), lower consulting fee as well as last year’s one-time expenses related
, decreasing of 128 million baht or 2% q-q and 12% y-y. This is the result of the COVID-19 pandemic situation and economic slowdown has made consumers more cautious on spending, especially in cash loan products
, residential areas with high spending power and populated in order to expand its reach to more potential customers. Focus on Expanding Oversea Branches During September 2023, the Company plans to open the 2nd
, as well as the outstanding credit card balances, despite an increase in credit card spending. Nonetheless, macroeconomic factors and government stimulus measures remain influential, particularly the
TRADITION FIXED INCOME SECURITIES COMPANY LIMITED SCB SECURITIES COMPANY LIMITED SCB ASSET MANAGEMENT COMPANY LIMITED SCB-JULIUS BAER SECURITIES COMPANY LIMITED THANACHART FUND MANAGEMENT COMPANY LIMITED