promotions with dealers for installment loans. The Company also has expanding more online services for customers’ convenience and this also saved the Company’s operation cost as well. Therefore, AEON members

% 57.2% Finance cost 160.3 131.2 29.1 22.2% Income tax expenses 261.7 283.1 (21.4) (7.6%) Profit for the year 1,028.5 1,172.3 (143.8) (12.3%) Net Profit to Equity holders of the Company 970.6 1,097.1

profit from related technology business, the higher administrative expenses i.e. doubtful accounts - trade and other receivables, impairment loss on assets and the higher finance cost. As a result, overall

total revenue ratio decreased from 14.24% in 2017 to 13.23% in 2018. Baht Million 2017 2018 +/(-) +/(-) % Total revenues 1,155.58 1,422.61 267.03 23.11% EBIT 325.40 354.24 28.84 8.86% Finance cost 85.09

Q1/2018 Thousand Baht % Total revenues 420,156 407,391 373,709 46,447 12.4 Sales and service income 417,702 404,533 372,256 45,446 12.2 Cost of sales and service 323,393 313,043 288,936 34,457 11.9

more convenience to customers and this also saved the Company’s operation cost. After the Cardless withdrawal service was launched in the fourth quarter of 2018, the Cardless transactions from both AEON

21.20% EBIT 291.48 278.86 (12.62) (4.33%) Finance cost 61.99 49.11 (12.88) (20.78%) Income tax expenses 53.38 48.04 (5.34) (10.00%) Net profit 176.11 181.71 5.60 3.18% Net profit ratio (ROS) 20.16% 17.16

share capital1 (the “Share Purchase”), at the price of INR 36 per share, equaling to the total investment amount of INR 2,988.00 million (the “Maximum Share Purchase Cost”), or equivalent to approximately

considered high-risk area, the Company has committed to support and operate in compliance with the government’s measures and orders by temporary closure the cinemas, bowling, karaoke and ice-skate in every

the countermeasures taken by the government to control social gathering activities, including travel restrictions and the closure of venues considered high-risk areas, the Thai economy in 2020 is