administrative expenses in Q1, Q2 and Q3/2019 compared to the same period last year, due to the higher back office salary expenses from business expansion. • Admin expenses to total revenue in 9M/2019 was 13.4
% from Q2/2018 mainly due to an increase in salary expenses in the back office. • Admin expenses to total revenue in Q2/2019 was 13.0% which improved by 5.7% from Q2/2018 due to higher revenue growth while
at the end of Q4/2019, thus the Company expects gross profit margin from sales to get back to a normal level in Q1/2020. • In Q4/2018, there were one-time reversal expenses of Baht 83.9 million from
expenses each of the four quarters compared to the same period last year, due to the higher back office salary expenses as a result of business expansion. • Admin expenses to total revenue in 2019 was 13.4
previous quarter, primarily due to the following reasons: ➢ In Q1/ 2017, the company could regain bad debt at a net amount of Baht 3. 61 million, but in Q2/2017, no bad debt has been regained. ➢ In Q1/2017
leisure travelers. For every 15 baht spend in foreign currency, card member will earn 1 AEON Royal Orchid Plus Reward Point. Card member will also earn cash back for up to 36,000 baht per year from spending
. Nevertheless, the situation is getting better, so the Company expects income would be back to normal in the second half of this year. 2) Income from rendering of services through online top-up machines (Service
price by transfer to the bank account or via cheque upon completion of the Transaction. The seller has the right to buy back the shares at the price of 220 baht per share within 3 years from the closing
Transaction (within the 2nd Quarter of 2020). The Seller has the right to buy back the shares at the price of Baht 220 per share within 3 years from the closing date of the transaction. 7. Value of Assets