sales proportion to modern trade stores and a slowdown in the economy and consumers’ purchasing power, thereby prompting the Company to launch more sales promotion to stimulate sales and, thus, causing a
stores with operating loss. ( 117 stores in year 2017 vs 140 stores in year 2016) Gross Profit Q3 2017 gross profit decreased by Baht 34.63 million or down by 13.03%, and the percentage of gross profit
revenue was Baht 396.79 million decreased by Baht 122.81 million or 23.64% as compared with the 1st Quarter of 2017. This was mainly reflected from the company’s policy to close the stores with operating
via online channels and also offer more discount and convenience to our customers. The AEON Shop More Get More Campaign which offering a cash back through accumulated spending via AEON credit cards up
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
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
faster and with greater convenience at PTT Station and PTT Group retail stores. 3.4 Service Channels KBank maintained our commitment to developing efficiency in all our core service channels for enhanced
online channels to continue to operate, although this was not sufficient to compensate for the losses resulting from the closure of stores. However, consumer demand for our products has continued
weakness of consumer buying power. However, in the second half of the year, the economy has shown signs of recovery in both the tourism and export sectors. As a result, the performance of stores in major