MGC-ASIA achieved a new record high in profit, a result of its mobility ecosystem, well-structured brand portfolio, strategic electric vehicle business implementation, and comprehensive, all-encompassing service standards.

4 March 2569 – Millennium Group Corporation (Asia) Public Company Limited or MGC-ASIA The 2568 operating results report shows outstanding growth and a new record high in profit, reflecting the strength of its business structure within the Mobility Ecosystem, which connects premium vehicle sales, electric vehicles, financial services, insurance, after-sales services, and car rentals, helping to generate continuously increasing recurring revenue.

This has resulted in the company having a strong and highly stable profit base, driven by premium vehicle sales, the growth of the electric vehicle market, recurring income from services, and the recovery of the financial and insurance businesses. Consequently, the group's profit margins and cash flow have improved significantly, adhering to a customer-centric approach. This year marks the beginning of a new chapter, as the company steps into the future of business operations.

Dr. Sanhawut Thamchuwanviriyakul, Chief Executive Officer, Millennium Group Corporation (Asia) Public Company Limited. said “Last year marked the 25th anniversary of MGC-ASIA. We have experienced steady growth over the past 25 years and achieved new record profits, a result of our Mobility Ecosystem and a well-structured brand portfolio that supports each other's businesses.”

We are committed to creating a technology-led differentiation strategy for electric vehicles and providing comprehensive service standards across all aspects. This will create business opportunities and promote sustainable growth in collaboration with all our partners.

Furthermore, the popularity of electric vehicles has resulted in consistent profitability for the company, along with the trust of over 700,000 customers and business partners who help drive its business strategies, leading to strong and sustainable business growth.”

A well-organized brand portfolio that complements and supports collaborative businesses.

MGC-ASIA's growth is a result of its strategic business operations within the Mobility Ecosystem and a well-structured brand portfolio, such as BMW, which is embracing a new technological era through the 'Neue Klasse' platform based on three pillars: high-performance 6th generation batteries, a new digital experience, and sustainability.

Meanwhile, MINI is fully entering the era of electric vehicles. The group's success in the premium car market, particularly the BMW i7, reflects expertise in managing luxury products, which is a key foundation for medium- and long-term growth. This also includes Honda, which recently launched the new version of its popular STEP WGN SUV.

Electric vehicle business strategy led by new technology.

The company's electric vehicle strategy focuses on selling premium Chinese electric vehicles, namely the Xpeng and Seeker, using a technology-led differentiation approach that emphasizes value derived from product features and smart technology, rather than competing on price.

Both brands have received a positive response from consumers in Thailand and are moving forward with expanding their service networks to cover the entire country. In addition, there is also a well-known Japanese brand that has been a part of Thai people's lives for a long time, Honda, which has launched... The e:N1 electric vehicle. Equipped with comprehensive technology and performance.

 Standard and comprehensive services covering all aspects.

The after-sales service business group continues to generate revenue and profits with its network of BMW, MINI, and Honda service centers, as well as MMS, a full-service automotive center with 19 branches nationwide, which helps create a stable long-term profit base.

SIXT Thailand's rental business continues to grow, with the company pioneering premium electric vehicle (EV) rental services in Thailand. By 2568, the company will add the Xpeng and Seeker models, available for both long-term and short-term rentals, giving customers the opportunity to experience EV technology before purchasing. This creates clear synergy between the rental and sales businesses, while efficiently managing assets to ensure long-term returns.

The financial and insurance business has entered a growth phase after passing through an economic cycle. The Alpha X loan portfolio, focusing on high net worth individuals through wealth lending, and the Howden Maxi insurance business, continue to experience growth in insurance fee income. This covers all three types of corporate insurance brokerage licenses: property and casualty insurance, reinsurance, and life insurance, offering diverse options and creating a positive experience for policyholders.

Meanwhile, MGC-MOBILIFE, a loyalty program platform for customers within the group, offers superior benefits and a variety of special rewards. Customers can redeem accumulated points from purchasing vehicles or using services from affiliated companies for various privileges such as health, travel, and more.

Developed to enhance the entire system.

Currently, MGC-ASIA has a network of showrooms and service centers for 20 brands in Thailand and is expanding regionally. The company has a network of SIXT branches in Laos (2 branches) and Malaysia (8 branches), totaling 130 branches with a usable area of ​​over 290,000 square meters.

With a nationwide after-sales service network of 44 branches, 331 repair bays, and 324 technicians certified by the manufacturers, the company operates through strategic alliances with business partners, enabling seamless expansion of its operations.

The company prioritizes developing the potential of its personnel to enhance the quality of life for employees at all levels. This is achieved through technical and soft skills training, as well as AI training, tailored to current work environments. It's like equipping employees with the mindset they need for career growth.

Most recently, Millennium Auto Group won the SUSTAINABLE AWARDS 2025 in the 'Outstanding Contribution to CO2 Reduction' category from BMW Group Thailand, reinforcing its leadership in sustainability by reducing carbon emissions through the installation of solar panels that reduce electricity costs by 35%, switching to LED lighting to reduce electricity consumption by 5.4%, using digital systems to reduce paper usage, and planting 10 trees for every car delivered.

MGC-ASIA has passed the SET ESG Ratings for 2025 for the first time in the industrial products sector. It is one of 265 listed companies whose results have been announced by the Stock Exchange of Thailand (SET), reflecting the company's potential and commitment to conducting business responsibly and driving balanced growth across all dimensions: environment, society, and governance.