copy in Thai and English) 2. Management Discussion and Analysis (MD&A) for the second quarter of 2017 (a copy in Thai and English) 3. Company's performance report, Form F45-3 for the second quarter of

sector the Thai economy continues to outperform with Q2 growth at 4.6% slightly below Q1 but remaining strong. Private consumption growth was robust in July and August, supported by higher consumer

quarter. C Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2019 1 1.2 Banking Industry and Competition 2 1.3 Significant

of Thailand and Office of the National Economic and Social Development Board data (NESDB), Thai economy in 2020 expanded by 2.4%, decreased from 4.2% in previous year. This was because the global

decrease of 43 million baht or 2% compared to 2015, and earning per share (EPS) of 9.61 baht per share. The operating performance is summarized as follows; Overview Overall, the Thai economy in 2016 expanded

noteworthy that our revenue growth outperformed the industry growth in terms of production volume which declined 6.0% due to the following reasons: 1) Automotive Parts Business; Higher order, new product

parts businesses and 26.1% increase in dealership businesses respectively whilst industry production was up by 9.7%. The increase in revenue was due to the following reasons: 1) Automotive Parts Business

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

securities on the SET and start trading on the 15 December 2017. The conversion of DTCPF to DREIT is a part of the Company’s business plan to strengthen financial capability. Dusit Thai Properties PCL, the

returning value to our shareholders”. 2. Outlook In 2018 as a whole, the Thai economy expanded 4.1%, +4.0% year-on-year and looking ahead, the economy is expected to continue growing at a robust pace in 2019