AEONTS Reports a 10% Increase of Profit in 3Q19 from Core Business and Bad Debt Recovery

Aeon Thana Sinsap (Thailand) Public Company Limited (AEONTS) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

AEONTS reported a net profit in the third quarter of 2019 at 991 million baht, increased from a net profit of 900 million baht in the same period of last year by 10%. The net profit in the third quarter of 2019 increased mainly from an increase in core business revenues, continued growth of bad debt recovery and total portfolio and a strong growth of both domestic and overseas subsidiaries. In addition, AEONTS efficiently managed the selling, general and administrative expense and funding cost.