, we have higher revenue contribution from accounting outsourcing services, hence improving our recurring revenue in Financial Solutions while ERP implementation have a slower quarter due to early stage

the reviewed financial statements of the Company for the first quarter ended May 31, 2019. 2. Approved an increase registered capital in Company’s subsidiary, AEON Microfinance (Myanmar) Co., Ltd. with

% compared to the previous year. 6. Share of loss of associated company amounting to 0.35 Million Baht as during the second quarter the Group has invested in 2 associated company as follow; - Sales and

1 Ref FN. 036/2019 Management Discussion and Analysis For operation of the second quarter of year 2019 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

in the coming years along with the coming expenses related to project launches expense (2nd Quarter/2019 The Group launch 2 pre-sale projects are “The Origin Ram 209 Interchange”, 70% booking on first

Seller entered into a Share Purchase Agreement on 13 th May 2018. The Company expects the closing of the transaction to be during the second quarter of 2018 subject to the applicable regulatory approvals

-owned enterprise, which the Company has signed the contracts since the fourth quarter of 2017. Related technology business In Q1’ 2018, the Group generates revenue of Baht 166 million from related

period ended March 31,2017 and 2018, Our selling expense was THB 146.2 million and THB 119.6 million, respectively. The decreasing in selling expenses, as a result of the 1st quarter, 2017, the advertising

operating activities of THB 256.5mn. The key components were net cash paid for project development cost for project “the Lofts Asoke” and “the Lofts Silom” as well as the net loss before tax of this quarter

testing and inspection service in eastern region amounting of 3.87 Million Baht as the Group has expanded the market since the last quarter of 2016. However, service cost for engineer and depreciation has