contributed by AEON ROP card and AEON Gold card. Thus, the Company has focused on promotion activities to encourage customer’s spending and increase market share. For example the campaign AEON Shop Plus 2018

slump in credit card spending caused by of the COVID-19 pandemic. During this quarter the Company collaborated with new business alliances, namely Shopee and Grab Food, to increase business opportunities

strict control in spending . 5. Loss from impairment on asset (reversal) In Q3/2017 the loss from impairment on asset was revert Baht 2.62 million compare with the same period of previous year amount to

compare with the previous year amount to Baht 10.08 million, decrease Baht 0.12 million or decrease 1.17%, this is due to the company set measure to control appropriate spending. 4. Administrative expenses

1 Ref. FN. 011/2019 Management Discussion and Analysis For operation of the year 2018 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet business, featuring

campaigns across Beverage and Food businesses resulting in higher sales growth while maintain spending level. Administrative Expenses Administrative expenses of Q3’2018-2019 was Baht 519 million, about flat

1 Ref FN. 031/2020 Management Discussion and Analysis For operation of the second quarter of year 2020 FN Factory Outlet Public Company Limited was founded in 2000 and has been operated the outlet

below the target mainly due to on-going cautious household spending due to high household debts and slow economic recovery. Furthermore, the number of restaurants continued to increase from both existing

Bangkok. In contrast the prices of agricultural products remain at a low level, albeit slightly improved. As a result, consumer spending in the agricultural sector continued to be slow. Sales at HomePro in

main factors for the increase were (1) the increased in marketing expenses and (2) increased in spending on delivery services fee such as Food Panda. Administrative Expenses Administration costs