Page 58 - One report AUCT2024_Eng

Part 1
Business Operation and Operating Results
The cost of services and administrative expenses
2022 2023 2024
Million Million Million
Baht % Baht % Baht %
Services expenses 3.73 Administrative expense 9.76 Total 13.49
The cost of services and administrative expenses for 2024 were 174.05 million Baht (2023: 164.46 million Baht) increased by 9.59 million Baht or 5.83% which is a result of expenses related to employees and advisor fees for developing information technology systems. However, the rate of Service and administrative expenses to revenue from services (SG&A to Sales) for the whole year is 13.49% according to the company's forecast.
31.33
3.31 11.45
43.47
3.53 9.82
48.11
108.41
120.99
125.94
139.74
14.75
164.46
13.35
174.05
Profitability
Gross Profit
Profit from Operations
Net Profit
Comprehensive income for the year
2022 2023 2024
Million Million Million
Baht % Baht % Baht %
475.07
341.43
251.25
251.26
50.16 50.02 35.82 37.10 26.36 28.04 26.36 28.04
50.46 37.61 28.49 28.49
In 2024, the Company’s gross profit was 651.08 million Baht increased by 34.70 million Baht or 5.33%, the operating profit increased by 29.99 million Baht or 6.12%, and the net profit increased by 23.36 million Baht or 6.29% compared with the year 2023 which are results from the increased service costs as above mentioned.
616.38
460.26
347.93
347.93
651.08
490.24
371.29
369.51
58
Annual Registration Statement / Annual Report 2024
(Form 56-1 One Report)