Business Performance


OUR BUSINESS SEGMENT AS OF 9M23
MEGA is a leading participant in the health and wellness industry in developing countries. Our business can be categorized into three segments
THB mn
Mega We careTM branded products business
THB mn
MaxxcareTM distribution business
THB mn
OEM business
Operating Revenue
(Unit: THB mn)
11,523 9M23
Mega We CareTM Branded Products Business
(Unit: THB mn)
Revenue
Revenue split by geography

MaxxcareTM distribution business
We are a leading distributor of pharmaceutical, OTC and consumer products in select frontier markets (Unit: THB mn)
OEM business
Revenue
OEM business
OEM business contributed 2.0% to overall operating revenue for 9M23. OEM revenue came in at THB 227mn for 9M23 (down 6.6% YoY). Gross margins came in at 31.2% for 9M23 compared to 35.7% for 9M22 and 27.9% for 3Q23 compared to 33.1% for 3Q22.Gross margins are influenced by customer mix and level of output amongst other factors.
We derive majority of our revenue from Southeast Asia while our reach in Africa continues to widen