profit resulting from efficient return trip cost management. Making the company profitable, with the gross margin for the first nine months of 2020 equal to 15%, an increase from the same period last year

, “AEON Shop Plus 2019” a credit card campaign for customers to accumulate sales slips up to amounts for premium redemption, “Exclusive Trip to Japan 2019” campaign of tour package to Japan for AEON Royal

margin was at 48%, declining from 50% in FY21 mainly due to an increased mix of handset sales to total revenue. The reported net profit was at Bt26,011mn, dropping -3.4%YoY from the challenging cost

equity funds find it challenging to outperform the market total return benchmarks. Delisting/merging is very rare. Periods Large & Mid/Small-Cap Equity Funds Large-cap Equity Funds No. of Survival Funds

“kreng jai,” which refers to Thais’ unique behaviors of refusing requests less, showing agreement more, challenging other people less, and avoiding confrontation more, communication in the Thai language

Management Discussion and Analysis (MD&A) 2019 Page 1/8 Management Discussion and Analysis (MD&A) 2019 Overview and Factors Affecting Future Performance 2019 was considered a challenging year for the

322.5 Million Baht representing a 3.5% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K

1 2017 MD&A Advanced Info Service Plc. Executive Summary In 2017, mobile business improved from stronger 4G positioning amidst competitive environment. Competitive landscape remained challenging in

% decrease in gross profit versus prior year due to a challenging US retail environment higher food costs, changing product mix and 2017 carry over benefit of $700K from Japan perpetual license deal

some marketing risk and to improve product quality to be accepted for international standard level. For the year 2018, it will be a challenging year for the Company to increase more export volume, sales