of recurring income, improving from 75.2% in Q1 2018 to 84.6% in Q1 2019. Both HR Solutions and Financial Solutions grew its recurring income by 9. 78mb and 2. 22mb respectively as we continue to

) Please be informed accordingly Yours sincerely, Kenji Fujita Managing Director Connected transactions The Board of Director’s meeting of AEON Thana Sinsap (Thailand) PLC. No.8/2019 held on July 5, 2019 had

million baht and 1,526.63 million respectively, increasing 6.69% and 16.31% from the previous year. The company continues to focus on improving operational efficiency and increasing our ability to expand

% respectively from the same quarter of the previous year. It is as a result of the expansion of rental business in Lumpini Township Rangsi - Klong 1 and the management services provided to other projects. The

million, increased 10% yoy. The non-social security (non-SW) revenue and social security (SW) revenue grew by 10% and 11% respectively. The growth of non-social security revenue was driven by both OPD (9

. 82mb respectively as we continue to expand our customer base for recurring revenue. For HR Solutions, we experienced a drop in non-recurring revenue as a result of booking a one-time license fee of

million or 31.83%, mostly from the decrease in current liabilities and non-current liabilities at the amount of Baht 351.41 and 517.18 million respectively, consisted of; 1. Short-term loans decreased Baht

and 2019 amount of 6,657.3 million baht and 6,789.8 million baht respectively, an increase of 132.5 million baht, or 2.0% compared on the same period from last year as detailed hereunder, 1. Revenues

Q2 2019 were at 12.4% and 5.7% respectively. The Company’s profitability indicators were lower than Q2 2018, mainly due to new investments which had not yet generated return and unrealized loss on

respectively as we continue to expand our customer base for recurring revenue. For HR Solutions, we experienced a drop in non-recurring revenue as a result of booking a one-time license fee of around 12.00mb in