AEONTS announced 2Q/2013 a net profit of 684 MB and 1.60 Baht Interim Dividend

BackSep 26, 2013

Bangkok, September 26, 2013 - Mr. Yasuhiko Kondo, Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) - Thailand's consumer finance business leader - recently announced the financial results for the 2nd quarter ended August 20, 2013 with the net profit of 684 million baht or 2.74 baht per share. For the first half, the Company recorded 1,253 million baht of net profit or 5.01 baht per share, increasing by 91% y-y.

In the 2nd quarter FY2013, the Company reported revenues of 3,816 million baht, increasing by 27% yoy. For 6-month period, total revenues were 7,265 million baht, increasing by 24% y-y, which generated from credit card 36%, loans 54%, hire purchase 2%, and others 8%, respectively. Total expenses recorded at 2,961 million baht, increasing by 19% y-y from Q2/2012 and posted at 5,699 million baht, increasing by 15% y-y for 6-month period. Net profit increased by 86% y-y to 684 million baht from Q2/2012 and for 6-month period increased by 91% y-y to 1,253 million baht.

Although economic expansion was slow down in the second quarter of FY2013, the Company still have continued with marketing campaigns which consequently improved sales volume and revenue. The Company has focused on increasing customer base and customer spending together with expanding financial service networks in order to enhance the customers' satisfaction and facilitate customers' ability to access more financial channel. AEON members are able to cash through 7-Eleven, KBank ATMs, Thanachart ATMs, BBL ATMs and Krungsri ATMs, and can transfer and receive cash through Thailand Post. Totaling, we have more than 29,000 cashing channels. In May 2013, the Company has launched first AEON lounge in Thailand at Central World. The AEON Lounge is designed to accommodate AEON Royal Orchid Plus Platinum Card and AEON Gold Card holders in Thailand as well as AEON cardholders from Japan and other countries in Asia where AEON has a business presence. In addition, in August 2013, we have announced the launch of "AEON Easy Pay", a new payment service that AEON Dealers can use smartphones connect with electronic payments. This payment function will facilitate credit cardholders nationwide; and new operation center, Sriracha Center in Chonburi province, has started to operate in order to support customer growth in upcountry as well as higher sales volume.

As at August 20, 2013, The Company's credit cards and member cards increased by 7% from last year to totaling 6.93 million cards. Covering networks nationwide, the Company to expand its network to 107 branches, 399 ATMs and more than 15,900 member dealers to provide quality financial services to AEON cardholders.

In addition, AEONTS announced interim dividend payment of 1.60 baht per share for the first half of 2013 performance with payout ratio of 32%. The dividend will be paid to the shareholders on October 24, 2013. The record date and the closing date of the shareholders registration book shall be October 10, 2013 and October 11, 2013, respectively.