operating loss stores and to reduce wastage from the production process and storage process as well as to improve purchasing management by sourcing the new suppliers, which result in a decrease of the

enterprises that might have risks toward the outbreak of coronavirus (COVID-19), particularly the department stores, beauty salons and beauty equipment suppliers which are the sales channels of the Company

and promote Supplier Diversity through Gender-Responsive Procurement (SD-GRP) in Thailand and Viet Nam.“Businesses that diversify their suppliers and procure more from women-owned business and

, suppliers and partners. More listed businesses in each province will benefit the growth of Thai capital market and economy. The Project participants have become change agents to raise awareness among local

suppliers. 3. Shareholders’ equity As at 31 December 2019, the Company’s shareholders’ equity was Baht 1,479.62 million, decreasing by Baht 3.66 million or 0.25% from end of 2018, mainly due to dividend

to thank all stakeholders, including shareholders, suppliers, customers and other related parties, who have always trusted and supported the Company. We also thank all the dedicated and hardworking

regions such as Middle East , Latin America , Europe and Africa. Following the appointments distributors and agents in Mexico , Chile , Brazil , Peru and Egypt , we have realized some repeated orders which

เตรเลยี โดยม ีdistributors และ dealers มากกว่า 100 แหง่ อกีทัง้ มสีาขาของตนเองรวม 5 แหง่ การเขา้ลงทนุดงักล่าว จะสามารถเพิม่ชอ่งทางการจดัจ าหน่ายใหก้บั บรษิทั แอรโ์รคลาส จ ากดั และสามารถจดั จ าหน่ายสนิ

from financial institutions. As a result, the Company has been running the business by its working capital and wages from the owners, including support from distributors result in the Company and

Jan - Mar 2019 Jan-Mar 2018 Increase (decrease) Million baht percent 1. Stores, distributors and wholesale stores 17.47 21.01 (3.54) (16.85) 2. Modern retail stores and department stores 54.53 47.94