, credit card revenue was 1,887 million baht, an increase of 9 million baht or 1% y-y. The Company has focused on promotion activities to encourage customer’s spending and increase market share. For example
-Vitt contribution in the 2H’20. Selling and administrative expenses (SG&A) level of spending was at 22.7% of sales, slightly lower YoY. Our actions were to focus on core products and defend profit with a
% in the first quarter of 2023 (%YoY) as a result of a slowdown in private investment and exports as well as a decline in public investment and government spending due to the delay in the new government
/2023 of 2023 to 90.9 in 2Q/2023. For the 3Q/2023, the Company has total new sales and credit card spending increased by 5 % y-y, mainly due to the continual increase in credit card spending and marketing
fiscal year 2023, the Company has total new sales and credit card spending increased by 4% y-y, mainly due to the continual increase in credit card spending and marketing with business partners. However
slump in credit card spending caused by of the COVID-19 pandemic. During this quarter the Company collaborated with new business alliances, namely Shopee and Grab Food, to increase business opportunities
contributed by AEON ROP card and AEON Gold card. Thus, the Company has focused on promotion activities to encourage customer’s spending and increase market share. For example the campaign AEON Shop Plus 2018
Company’s total SG&A level was at 20.8% of sales, in-line with Q1’18 level and -30 bps QoQ. Lower spending on A&P was due to phasing of spending as per marketing activities and high base last year base from M
from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty