cost, higher online travel agency costs, and employee costs to support the expansion of hotel business. 1Q18 EBITDA margin was 25.5%, compared to 23.0% of the previous year. In 1Q18, depreciation and

subsidiary has been restructured by set to work together. As a result, the cost of staff decreased, such as the cost of travel, commission fee as the overall revenue continues to increase. 3.4 Administration

under the 2 concept “Enjoy the World of Travelling Freedom”. The AEON Royal Orchid Plus World Mastercard offers the ultimate in travel experiences and superior customer benefits for both business and

, travel and shopping under the concept “Extreme Japan Experience”. The AEON J-Premier Platinum Credit Card offers the special discount and cash back up to 18% when shopping at AEON Mall in Japan and up to

Health Organization declared the Coronavirus (“COVID-19”) outbreak as a pandemic which resulted in travel restriction, lockdown and other precautionary measures imposed in various countries including

COVID-19 pandemic Due to the outbreak situation of the COVID-19 virus as well as the government’s recent decision to activate the state of emergency by travel restrictions and the closure of venues

the Covid-19 facility, resulting in reduced travel expenses. And administrative expenses for the first half of the year 2020 was 114.85 million baht, decreased from the same period of the previous year

operating results in the Quarter ’. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this year from Coronavirus disease (COVID-19

and esthetics. 2. Overview of operating results for Quarter 1’ 2020. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this

enforcement of strict measures, for instance, operational lock-down, state quarantines and travel restrictions in Thailand, Malaysia and Indonesia. Consequently, most of business activities were temporarily