equity ratio of the Group was at 0.08 times, the proportion of the liabilities was low.

226.28 (24.55) 226.22 (24.62) Shares of gain (loss) from investments in an associate and a joint venture 2.83 25.08 0.00 0.00 Gain from change in a joint venture proportion 0.00 (9.87) 0.00 0.00 Gain on

factory building in 2018. The proportion of expenses to revenue decreased slightly. Even though the Company had an increase in financial cost of THB 7.04 million from previous year due to additional loans

# addlkfid stffes

appropriate for the Company's funds. Therefore, the construction revenues for nine-month come from the old projects which have been completed. The Company is able to recognize revenue in proportion to the

compared with total revenues, the company incurred a decrease the proportion 4.75% and 5.02% of total revenues in 2019 and 2018, in respectively, that occurred as the operation business plan. However, the

shareholding proportion of the connected persons Note: 1Mr. Hideki Wakabayashi is the Chairman of the Board of Directors of AEONTS and the Director of AFS 2Ms. Kannika Kursirikul is the Non-Executive Director of

in sales revenue from beverage and food business of 5.8% and 5.1%, respectively. The proportion of beverage business sales revenue to food business sales revenue was 54:46. Sales revenue of beverage

Amount Mobile App with mVISA Support 20,960,700 EDC On-Us with CIP&EDC Acquiring 8,762,800 AEON Systems Master Card Issuing 2,188,400 Total 31,911,900 Name, position and shareholding proportion of the

the subsidiaries of AFS group. Name, position and shareholding proportion of the connected persons Note: 1 Mr. Hideki Wakabayashi is the Chairman of the Board of Directors of AEONTS and the Senior