This is very cute, small porcelain trivet, 7" in diameter and 1/2" tall, maybe intended to hold a vase or chafing dish off a table surface.
The design features three different profiles of lavender poppy clusters and foliage. A soft dusting of gold is around the sloped rim of the trivet.
The piece was made by Krister Porcelain manufactory which used this mark between 1897 and 1905. The K stands for Krister and the WPM for their "Waldenburger Porzellan-Manufaktur" factory. The scripted 24427 in red doesn't have a known reference so it could either be a registration number, a pattern number or an artist's mark.