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Key Investment Highlights
The company is a holding company that operates a comprehensive automotive business. The company's core business is divided into 3 groups:
- Mobility Retail Business
- After Sales and Independent Car Maintenance Service Business
- Car Rental and Driver Service Business
In addition, the company has a group of businesses that provide information technology (IT) services, shared services, automotive financial services, insurance brokers, and car cleaning and painting services, which are supporting businesses and businesses related to the company's core business.
2023
As of December 31, 2023
Revenue from sale of goods and rendering of services
Million Baht
Distribution and Administrative Expenses
Million Baht
Gross Profit
Million Baht
Net Profit
Million Baht
Net Profit Margin
%
Revenue Breakdowns By Business Group 2023
(Million Baht)
MGC-ASIA Ecosystem
The MGC-ASIA Ecosystem has created a strong and distinctive business advantage for the group, differentiating it from its competitors, which primarily focus on the automotive distribution business. The group can provide customers with a comprehensive and diverse range of services, which is a key factor in creating a customer experience (Customer Experience) with mechanisms to encourage target customers to use the group's services on a continuous basis (Customer Loyalty), which can generate income and profits for the group in the long term. In addition, the group benefits from economies of scale from the use of shared business resources under the MGC-ASIA Ecosystem and can leverage the group's customer database, which covers a group of customers with needs and potential to purchase or a variety of products or services of the group to expand the business and create new business opportunities, both in terms of offering higher value products or services (Up-selling) and offering related products (Cross-selling).
