from other international sales revenue. In addition, the Company and its subsidiaries will continually focus on the performance recovery by strict cost control and cost reduction, ramping up asset
margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and
wide-ranging impacts to all industries as well as our businesses. Fortunately, Central Retail has multi-category, multi-format, and multi-market businesses as well as is flexible and fast to execute
quarter but may be restrained by vulnerable and highly uncertain household income as well as elevated household debt. These factors are causing customers to be cautious on spending. Moreover, the tourism
still deemed less strict in comparison to the beginning of 2020, with more easing of disease control measures to be able to accept foreign tourists in the fourth quarter. Despite the company maintains
revenue due to the decrease in consumers’ purchasing power as a result of the impact from the new wave of COVID-19 outbreak, as well as the temporary closure of some branches according to government
process, incentives or rewards to employees with good performance, and management measures for employees who do not achieve the targets. Such processes are well informed to executives and employees. 4.3 The
which will support the Company’s business expansion. Moreover, having a well- known business partner, as a major shareholder will promote the Company’s image, and attract investor attention considerably
advantage above the competitors. In addition, the brand is well known in Malaysia because it is manufactured under Japanese technology so it can be sold at higher price than its competitors. 11 Subsidiary of