lower than last year at 44% 5 of total revenues. However, the Company was able to effective control the operating and administrative expenses. In 2019, the Company has developed AEON Thai Mobile
Thailand (“SET’) for shareholders of the Company. The consideration of the purchased price intends to be completed within July 2019. Due to the restructuring of group of company under the common control
December 2018, mostly from a decrease in investments in joint ventures and an impact of currency translation due to THB appreciation • Net debt to equity ratio as of 31 March 2019 was 0.51 times, an
Management Discussion and Analysis 3Q18 and 9M18 P a g e | 2 On 18 September 2018, the Company has taken full control interest in LVM Holdings Pte Ltd which market and manage 220 luxury villas / vacation
discussions between the group companies. Sharing of resources and operating with a Business Continuity Plan (BCP) - we know what to control. 3. Cash Flow Management Manage cash flow so that the Group and its
consolidated operating and administrative expenses were 1,951 million baht, decreasing by 105 million baht or 5% y-y and 1% q-q. However, the 5 Company still maintained effective operating cost control with cost
and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk from CPO’s prices fluctuation. ทีตงั 55/2 หมู ่8 ถ. เศรษฐกิจ 1 ต.คลอ
. The Company entered into short-term contract with specific quantities and delivery term (Made to Order). This helps the Company to efficiently control inventories aging and procurement that prevent risk
Company is currently in the process of rectifying its status to be removed from possible delisting by the SET. 4) There is no material change in the Company’s Board of Directors and control of the Company