MDA_EN_1Q24 Management Discussion and Analysis For 1st Quarter 2024 ended May 31, 2024 AEON Thana Sinsap (Thailand) Public Company Limited (“the Company”) has already submitted the consolidated
consolidated financial statements of the Company as of 31 March 2017). Details of the calculation are summarized below. Evaluation Criteria 1. Comparison of Net Tangible Assets Net tangible assets of SGAH x
. 1/2019. 2. Approved the appropriation and retaining of the net profit Baht 511 million as legal reserve and the declaration of dividend payment from the Company consolidated net profit for the period
sales and services to the international sales and services in 2017 is 81.0 percent to 9.6 percent respectively. -2- Revenues Classified by Distribution Channels 3 Months in 2018 3 Months in 2017 Variation
.06%, mainly due to decreasing of current investment in amount of Baht 15 .00 million (because it reached the maturity term and became 3-months deposit so it was classified as cash and cash equivalent
thus non-current assets as classified assets held for sale are sold as at December 31, 2018 as of 152.17 Million Baht Non-current asset as amount of 2,776.26 Million Baht decreased of 276.20 Million
subsidiaries recorded Baht 1,396.37 million and Baht 1,022.48 million, respectively, increased by Baht 373.88 million or 36.57 percent. According to the Company's plan, the revenue can be classified as follows
increased 18.29 Million Baht and Non-current assets classified as assets held for sale have been disposed on December 31, 2018 in the amount of 152.17 Million Baht. Non-current asset as amount of 2,811.34
shares. The Company must recognize revenue. entering into the financial statements. As a result, revenue from services increased. The income can be classified as follows: Page 2 of 4 Unit : million baht