| 2024 | 2023 | 2022 | 2021 |
|---|
| Revenues | 323.25 | 289.47 | 303.78 | 427.79 |
| Expenses | 313.50 | 258.18 | 271.42 | 463.45 |
| Net Profit (Loss) | 8.29 | 27.55 | 20.95 | -25.09 |
| Assets | 539.89 | 542.32 | 530.27 | 677.76 |
| Liabilities | 52.58 | 52.97 | 68.63 | 238.45 |
| Shareholders' Equity | 487.31 | 489.36 | 461.64 | 439.30 |
| Operating | 26.97 | 28.88 | 38.11 | 32.19 |
| Investing | -13.55 | 7.95 | 38.64 | -0.40 |
| Financing | -6.67 | -27.40 | -93.38 | -14.55 |
| EPS (Baht) | 0.69 | 2.30 | 1.75 | -2.09 |
| GP Margin (%) | 47.68 | 52.58 | 55.03 | 31.37 |
| NP Margin (%) | 2.57 | 9.52 | 6.90 | -5.86 |
| D/E Ratio (x) | 0.11 | 0.11 | 0.15 | 0.54 |
| ROE (%) | 1.70 | 5.79 | 4.65 | -5.98 |
| ROA (%) | 1.80 | 5.83 | 5.36 | -5.44 |
n 2024, the company continues to focus on its ESG sustainability plan, aiming to maximize benefits across all departments while minimizing waste. This is guided by the strategic branding plan Sustainable Fashion: Fashion with Purpose across three key business areas:
- Branded Products in Offline & Online Channels: The company is developing Hero products, expanding and enhancing online channels, transforming offline channels into service destinations, exploring new products for new customer segments, and optimizing smart inventory management in warehouses.
- Sustainable Uniform Services: The company offers sustainable uniform services using a Zero Waste process, collaborating with designers, providing fully customized production and packaging services, and utilizing recycled materials.
- Other Ventures: The company allocates real estate for rental purposes and offers information technology services.
The company remains committed to its sustainable operation plan, the Circular Economy, under the initiative called AMAZE Green Society, which embodies the philosophy: "Sustainability is the foundation of all happiness – Happiness within Sustainable Fashion."
This approach involves a Zero Waste Process from the very beginning by partnering with suppliers who share a commitment to sustainability. During the production process, including cutting and sewing, leftover materials are upcycled and recycled to eliminate waste. The final products are then delivered to customers with a focus on durability and easy maintenance, ensuring quality at every stage.
In 2024, the company is focused on maximizing profitability from its core business operations while also leveraging existing resources to generate additional revenue. This approach aims to ensure sustainable operations for the long term.
The company had total revenue of 323.25 million baht, an increase of 11.67% from the previous year. Total revenue from sales and services was 295.36 million baht, an increase of 30.44 million baht or 11.49% from the previous year. Revenue from corporate sales increased by 36.48 million baht. The company had dividend income and other income from uniform delivery services totaling 27.88 million baht. This year, there was no profit from the sale of investments. Profit for 2024 was 8.29 million baht. The previous year, there was a profit of 27.55 million baht, a decrease of 19.25 million baht or 69.89% from increased expenses.
- Collaborated with designers to offer a comprehensive corporate uniform service, emphasizing sustainability through Zero Waste processes for various organizations.
- Partnered with special needs individuals to incorporate letters and drawings into fabric designs, promoting their unique talents and creating income opportunities.
- Worked with partners to install solar panels, successfully completing the project and beginning the use of solar energy.
- Initiated the establishment of a Live Station to support online sales, collaborating with live streamers from both Thailand and abroad.
- Collaborating with partners to source and produce products made from recycled fabrics.
The company continues to prioritize meticulous planning and ongoing monitoring of performance across all departments:
- Sales and Service: The company assesses investment scenarios, sales, and profit and loss across all channels on a granular level, with continuous follow-up to minimize the risk of losses.
- Inventory Management: The company plans and calculates demand and product turnover, utilizing technology to replace manual labor for greater accuracy and responsiveness to customer needs. It also organizes product placement for faster delivery and conducts inventory checks at sales points and warehouses to reduce the risk of loss and fraud.
| as of 30/12/24 | BTNC | FASHION | SET |
|---|---|---|---|
| P/E (X) | 26.52 | - | 19.33 |
| P/BV (X) | 0.38 | 0.66 | 1.40 |
| Dividend yield (%) | - | 2.98 | 3.23 |
| 30/12/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 190.80 | 267.60 | 193.20 |
| Price (B/Share) | 15.90 | 22.30 | 16.10 |
| P/E (X) | 26.52 | 5.58 | - |
| P/BV (X) | 0.38 | 0.54 | 0.43 |