slump in credit card spending caused by of the COVID-19 pandemic. During this quarter the Company collaborated with new business alliances, namely Shopee and Grab Food, to increase business opportunities
contributed by AEON ROP card and AEON Gold card. Thus, the Company has focused on promotion activities to encourage customer’s spending and increase market share. For example the campaign AEON Shop Plus 2018
strict control in spending . 5. Loss from impairment on asset (reversal) In Q3/2017 the loss from impairment on asset was revert Baht 2.62 million compare with the same period of previous year amount to
compare with the previous year amount to Baht 10.08 million, decrease Baht 0.12 million or decrease 1.17%, this is due to the company set measure to control appropriate spending. 4. Administrative expenses
achieve the target especially in second half of the year due to the decline of Chinese tourists and economic slowdown in several countries especially in Europe which negatively affect spending power of
campaigns across Beverage and Food businesses resulting in higher sales growth while maintain spending level. Administrative Expenses Administrative expenses of Q3’2018-2019 was Baht 519 million, about flat
regulation issued under The Emergency Decree on Public Administration in Emergency Situations from the Coronavirus disease 2019 (COVID-19), and low spending season. Even though online sales channel have been
to increase customers in order to meet the target. The independent financial advisor had estimated the revenue based on the past operating results and taken into account the average growth in spending
below the target mainly due to on-going cautious household spending due to high household debts and slow economic recovery. Furthermore, the number of restaurants continued to increase from both existing