member cards increased 4% y-y. For branch development network, the Company has opened 2 new branch and closed down 6 branches to save operation cost. As a result, the Company has 107 branches, opened AEON
costs in the Statement of Income. Loans are repaid in installments upon unit transfer. In 1Q/19, the Company had financial cost of THB 52.4mn, an increase of THB 29.3mn from THB 23.1mn in 1Q/19 or an
% 30% 40% 50% 60% 70% 80% Q1/18 Q2/18 Q3/18 Q4/18 Q1/19 Domestic : Export Domestic Export Page 3 Q1/2019 Cost of Goods Sold The Company and its subsidiaries recorded cost of goods sold of Baht 1,074
, compared with 72:28 in Q1/2018. Page 3 Q1/2019 Cost of Goods Sold The Company and its subsidiaries recorded cost of goods sold of Baht 1,074 million. Cost of goods sold to sales increased to 83% from 75% in
amount of 1,016 million baht. 5 - Finance Cost In the first quarter of 2020, the Company had finance cost of 558 million baht, a slightly increase of 14 million baht or 3% y-y. However, finance cost in the
expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2019, the Company had total consolidated expenses of 4,221 million baht, an increase of 375 million baht or 10% y-y. Details
advance or installment loans (AEON Happy Pay). Thus, the Company provides more channels to facilitate financial services to customers and reduce Company’s operation cost. Moreover, loan income from AEON
administrative expenses, bad debt and doubtful accounts and finance cost. In the first quarter of 2018, the Company had total consolidated expenses of 3,847 million baht, an increase of 212 million baht or 6% from
Company’s operation cost. Moreover, loan income from AEON Microfinance (Myanmar) Company Limited grew by 64% y-y and AEON Specialized Bank (Cambodia) Plc grew by 26% y- y. - Hire Purchase In the first half of