higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction

(5.5% of revenue from 10.5% in 2016). Network OPEX was flat QoQ but increased 99% YoY mainly from 4G expansion and addition of TOT partnership payment. EBITDA margin improved to 44.6% from 36.4% in 4Q16

developed customer- relation management process to systematically and thoroughly identify, analyze and develop marketing strategies over approximately 220,000 shops nationwide domestically with 31

penetrate second-tier cities nationwide. Launched the first WINNER store 3 Q3/2019 Significant Events Continuous expansion of ‘Younique Customized Furniture 4.0’ After receiving excessive positive feedback

stagnated for 85% since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the customer base and diversify its revenue streams which mitigate the risk of

MACO’s media network and expanded its presence nationwide. The expansion increased MACO media capacity by more than 55% from THB 900 (pre-consolidation) to THB 1,400mn. 2) The launch of 1st phase of CBD

from such changes. MACO is one of the biggest outdoor media players in Thailand, with a media network covering a variety of formats from mega to small billboards nationwide, to advertising panels on

decline by dropping 43.48% compared to the same period last year as sales in China stagnated since the end of last year. Nevertheless, the Company’s business expansion to the Philippines helps extend the

both total transaction amount and the number of kiosks, covering all area nationwide. The Company’s key strategy focuses on managing the kiosk location and adding new services to the system including the

up-country 69%. Covering networks nationwide, the Company has 102 branches, 408 ATMs, and 6,494 member dealers to provide quality financial services to AEON cardholders. For overseas business in