from the company business. In addition, the Company also had loan from financial institution in the year 2018 amounting to 12.00 THB mn. The non-current liability included lease liability, deferred

and COVID-19, resulting into decrease of Gross Profit by Baht 72.3 million when comparing to 2Q2019. In addition, SDWTP still affected by COVID-19 situation resulting into the lower ramp-up than planned

well as strictly cost control measures were implemented to stabilize Central Retail Corporation Public Company Limited Management discussion and analysis /Page 3 the business. In addition, the TFRS #16

increased in line with growing number of employees. In addition, in the year 2019, the Company had the additional expenses from 2018, such as special remuneration for the executive committee, branch office

% from Baht 32.37 million recorded in the same period of 2018. Such profit drop resulted from a decline in gross profit margin and a rise in selling expenses. In addition, the Company’s subsidiary ( Inter

% compared to the previous year due to the addition of Kitchen Plus brand which began in the 4th quarter of 2018 and termination of unprofitable restaurant outlets with one time write-off expenses

revenue from real estate business. In addition, the Company has heavily spent more in marketing and advertising activities and proactive public relation. Conclusion Real estate market after the launch of

decrease in Availability Payment and the increase in power plants’ spare parts. In addition, the Company recorded loss on foreign exchange as AUD currency depreciated in relative to USD currency. The

first quarter of 2020 as above mentioned. On the other hands, sales of Biomass Power Plant increased because of the aforementioned reasons of YoY. In addition, sales from Municipal Solid Waste Power Plant

sales in a greater proportion than the reduction in costs of sales, which includes fixed expenses. In addition, there was an adjustment in packaging costs in some quarters as a result of more sales from