fiscal year 2023, the Company has total new sales and credit card spending increased by 4% y-y, mainly due to the continual increase in credit card spending and marketing with business partners. However
years. 2) Service & Administrative expenses was Bt61.36mn, representing 7.2% of total revenues from core business, decreasing 7.9% YoY, due to effective cost control and lower service & administrative
level as the previous quarter. This was mainly contributed from an increase in credit card income by 14%, personal loan income by 15% and other incomes in bad debt recovery and collection service income
credit limit, debt moratorium measure, to assist for state welfare card holders and to stimulate domestic tourism under “We Travel Together” project; buying power of the consumers have remained stagnant
the first quarter of 2023 and increased by 0.7% in 2Q/2023. For the 2Q/2023, the Company has total new sales increased by 7% y-y, mainly due to the continual increase in credit card spending and
equivalent to 9.03% mainly due to increasing of advertising and promotion expenses – CLMV by Baht 1.11 million and the credit card fee by Baht 1.14 million. Administrative expenses For the year 2018, the
, 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
million active IDs which came from up-country 69% and Bangkok 31%. Details of each business can be described as follows: 2 - Credit Card For the nine-month period of 2018, credit cards turnover accounted 63
revenues were 5,093 million baht, an increase of 553 million baht or 12% y-y. This is the result of an increase in credit card and personal loan incomes as well as bad debt recovery continue to improve. As