debt and low agricultural prices continued to have an adverse effect on purchasing power. Tourism has been dampened by the deterioration in Chinese tourist arrivals during the first half of 2019. The
and Bakery wholesales business revenue was 768 million baht, a decrease of 5 million baht or 0.7 percent due to the decrease of sales of the ready to eat foods in convenience stores and modern trade
last year. Furthermore, the early rainy season has adversely affected the sales of cooling items, and the opening of new stores in the vicinity of existing stores in Bangkok at Rama 9 and Srinakarin has
from the package foods including with foods service in convenience stores and modern trade outlets. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In the second quarter of year
ready to eat foods in convenience stores and modern trade outlets as well as original equipment manufacturer (OEMs)’s products. Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) In Q3
department stores. In May 2018, the Company cooperated with Thai Airways International Public Company Limited and Mastercard to launch the AEON Royal Orchid Plus World Mastercard, which offering privileges
to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan
factors have not yet been fully reflected in household purchasing power due to high levels of household debt. Consequently, the increase in household income is being partly used to repay debt, and so will
purchasing power has still not recovered. This is reflected in the consumer confidence index which remains at very low levels, with consumers remaining concerned over high levels of household debt and their