Page 165 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
23. Provident fund
The Company and its employees have jointly established a provident fund in accordance with the
Provident Fund Act B.E. 2530. Both employees and the Company contribute to the fund monthly
in accordance with the fund rules. The fund, which is managed by TISCO Asset Management
Company Limited, will be paid to employees upon termination in accordance with the fund rules.
The contributions for the year 2025 amounting to approximately Baht 3 million (2024: Baht 3 million)
were recognised as expenses.
24. Segment information
Operating segment information is reported in a manner consistent with the internal reports that
are regularly reviewed by the chief operating decision maker in order to make decisions about the
allocation of resources to the segment and assess its performance.
For management purposes, the Company is organised into business units based on their services
income and have 2 reportable segments as follows:
1. Auction
2. Transportation and other services
No operating segments have been aggregated to form the above reportable operating segments.
The chief operating decision maker monitors the operating results of the business units separately
for the purpose of making decisions about resource allocation and assessing performance. Segment
performance is measured based on operating profit or loss and on a basis consistent with that used
to measure operating profit or loss in the financial statements.
The basis of accounting for any transactions between reportable segments is consistent with that
for third party transactions.
The following tables present revenue and profit information regarding the Company’s operating
segments for the years ended 31 December 2025 and 2024.
(Unit : Baht)
Auction Transportation
and other services Total
2025 2024 2025 2024 2025 2024
Revenue from services 831,540,112 1,094,930,212 180,199,496 195,318,658 1,011,739,608 1,290,248,870
Cost of services (572,968,640) (639,167,055)
Gross profit 438,770,968 651,081,815
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
165