Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis The Thai economy is expected to gradually recover in line with COVID-19

sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis Economic overview The tightening of COVID-19 containment measures in

consumer behavior due to the COVID-19 pandemic, and from pent up demand accumulated from May. Managing the impact of the COVID-19 The Company has formed a central committee as well as subsidiary committees

of previous year which a net loss of Baht 14.65 million, the loss decrease Baht 8.37 million or decrease by 57.14% , the main reasons are as follow 1. Revenue from sale , Other income The company had

year 2018, the consolidated net loss of the Company and its subsidiary was Baht 11.75 million, reduced by Baht 45.71 million from last year. The main reasons were as follows:- 1. The consolidated sales

THB 50.78 million in 2018 (increasing 27.92%). Also, FDM Technology, another subsidiary with its main customer base in the automotive industry also had similar growth from THB 144.92 million to THB

: Operating Results Overview For the year ending 31 December 2018 and 2019, the Company’s revenues were 1,007.13 million Baht and 1,219.97 million Baht respectively. The main revenues were from Data Center

period of last year was caused by the following reasons: (1) Total revenues were THB 687.01 million, an increase of THB 11.82 million or 1.75% derived from the main business of the Company and its

the Company was Baht 14.64 million decreased by Baht 49.21 million or 142.34% from the same period of last year. The main reasons were as follows:- 1. The consolidated sales decreased by Baht 55.59