decreased year-on-year, attributable to improved efficiency as well as on-going cost reduction and cost control. Hence, gross profit margin improved from 7.0% of sales in Q1 2016 to 7.7% of sales in Q1 2017
the form of outsourcing or partnership. In this regard, the partnership-based business operation guidelines must be improved from the SEC circular in this matter. SEC has therefore proposed issuance of
company, while the company still has improved on the inventory cost management as well as sales mix management in each product category efficiently, and strictly controlled on the selling and administrative
in Malaysia. Cost of sales and services increased by only 1.2 percent while sales have increased by over 3 percent. As a result, gross profit margin as percentage of sales continuously improved, from
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
increasing in some expenses such as maintenance. However, gross profit margin just slightly dropped to 58.17% since the company was able to save the electricity cost from stop transferring water from
closed down 10 branches to save operation cost. As a result, the Company has 111 branches, opened AEON Lounge total 12 locations to facilitate gold card and platinum card members, 469 ATMs, and over 17,400
purchasing raw water from private source. However, the company was able to save the electricity cost by 61.83 million Baht because the company has stopped transferring water from Nongplalai reservoir to
Finance Costs The Company and its subsidiaries recorded finance costs of Baht 5 million, down 22% YoY, as a result of better interest rate as well as improved management of revolving loan. 6M/2017 Finance
percentage of sales, gross profit margin improved from 7.2% in Q1 2018 to 8.9% in Q1 2019, driven by cost reduction measures and improved efficiency and increases of gross profit from tooling sales in Q1 2019