retail stores nationwide. Meanwhile, sales of branded product by 3rd party’s manufacture decreased by THB 21 million or 14.8% since these are non-core products but tools to expand the Company’s brand

Purchase Agreement. Benefits of entering into the transaction are as follows: 1. Improvement in financial liquidity to focus investments on its core business 2. Decreasing THB 620 million of debts in terms

gain from asset sale to director, which is not related to the Company’s core business. Cost of sales and services Cost of sales and services consists of cost of sales from renewable energy investment

21.8% in the same period of 2019. The cost of food and beverages for core brands was well-controlled and even decreased from the previous year, yet the cost of food and beverages of new brands required

baht increased 608 million baht or 12% y-y and 6% q-q. This is the result of continued growth in core business revenues especially in credit card increased by 17% y-y, which in line with increasing of

Company's core businesses, especially the credit card income which having 18.2% growth y-y. Hence, the growth of revenue, especially credit cards, was mainly derived from marketing activities to stimulate

Website: www.aapico.com Management Discussion and Analysis for the 1st quarter of year 2024 4 environment, we reported a satisfactory performance in 2023 with revenue and core net profit of Baht 30,389.5

amounted of Baht 234,045.7 million, increased by Baht 934.2 million when compared at the end of the year 2017 or up to 0.4%. Core assets comprise loans to customers – net at 61.8% of total assets, followed

last year and profit of THB 290 million for the year 2018, an increase of 8.6% yoy. Excluding extraordinary items, the Company reported the core net profit of THB 153 million in 4Q18 (an increase of 76.3

เร็วสงูในพืน้ที่ห่างไกล และโครงการ Core and Access Switch for Core Network Replacement and SDN เป็นต้น จึงสง่ผลรายได้รวมสงูขึน้ ในขณะที่ค่าใช้จ่ายในการด าเนินงานรวมและก าไรสทุธิเพิ่มขึน้ในอตัราที่ใกล้