1 January –

31 December

2024

2023

2022

Commission expenses due to early collection of credit card receivables

(4,453,460)

(2,636,717)

(1,907,062)

Interest expenses on purchases

(2,349,292)

(1,558,573)

(481,418)

Foreign currency exchange losses

(320,665)

(1,146,474)

(1,118,473)

Interest expenses on bank borrowings

(304,102)

(319,330)

(142,508)

Interest expenses on lease liabilities

(212,681)

(111,201)

(185,336)

Fair value losses on financial assets measured at fair value (Note 4)

—

(230,059)

Other

(20,114)

(17,373)

(3,257)

(7,660,314)

(5,789,668)

(4,068,113)