Daily Brief Thailand: Union Auction and more

• Market Leader with Strong Growth Tailwinds: Union Auction is the dominant player in Thailand’s used vehicle auction market, poised to benefit from the growing demand for affordable transportation and a backlog of repossessed vehicles entering the auction pipeline post-pandemic.
• Proven Financial Performance and Shareholder Returns: The company exhibits a history of robust revenue and net income growth, high profit margins, and a strong commitment to shareholder returns through consistent high-payout dividends.
• Digital Transformation and Service Expansion: AUCT is actively investing in its online auction platform, AUCT Live, to enhance customer convenience and efficiency, aiming to increase its online user base and expand its service offerings to solidify its competitive position.

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