Page 33 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
Delivery of Auction Proceeds
After the auction, the Company will submit the sales report to the property owners who are
juristic entities on the following business day and deliver the auction proceeds under the terms and
conditions and timeline as mutually agreed upon with each seller. Sellers have duty to provide the ownership
transfer documents, such as registration book and transfer paperwork, to the Company for further submission
to the winning bidders.
Post-auction vehicle transportation service or AUCT Serve
AUCT Serve is an add-on service to make the Company’s services more comprehensive. It is a
post-auction vehicle transportation service to facilitate the customers who win the auction to relocate the
auctioned vehicle to their premises nationwide. It can also reduce risk and save time from picking up the
vehicle in person. The Company is still developing a continuous transportation system to enhance customer
satisfaction.
Marketing and Competition
In 2025, the Thai economy outlook during the first half of the year seemed to be improving from
the advance export to avoid impacts from tariff measures, but during the latter half of the year, especially,
in the last quarter, the expansion of Thai economy outlook slowed down due to from uncertainties of
domestic political conditions, tensions at the Thai borders, rising costs burden, and concerns about
purchasing power. Even though, there were supporting factors from economic stimulus measures through
various projects, such as Half-Half Plus Co-payment Campaign and government welfare card top-ups
including the number of tourists which was expected to be supported by concert events and the SEA
Games and accelerating payment of budget. As a result, the consumer confidence index continued to
decline and the burden of household debt to GDP was still high. Meanwhile, it is expected that the direction
of automotive industry in 2025 have passed the lowest point, reflecting from the increased sale number
of new vehicles compared to the same period last year. Electric vehicles (EVs) continued to gain popularity
with an increase in sales from last year, with the support measures from the public sectors, investments
in electric vehicles (EVs) including developed technologies.
The automotive industry in 2026 will gradually recover in line with the overall economic direction
which is expected to expand at a slower pace of 1.6 percent in 2026, mainly due to the slowdown in
domestic consumption and the contraction of the export sector, and the political uncertainties still needed
to be monitored.
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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