of more than 80,000 passengers per day during its first month of operation. Since the operation of business in Indonesia is still at infancy stage, the Company expects that it will not generate

% in the first quarter of 2018 to 18.98% in the same period of 2019. The total expense to total revenue ratio increased from 13.78% in the first quarter of 2018 to 14.94% in the same period of 2019. 1

: Executive Summary The operating results of the first quarter of 2019, for the three-month period ended March 31, 2019 (“Q1 2019”), the Company generated total revenue of 794 million Baht; or decrease of 36

amount of Baht 1,199.86 million which have the details as follows: - The leasing charge of Rachaphatsadu Land: The Company shall pay by installments for the period of 10 years, which in the first 5 years

first half of 2018 to 17.25% in the same period of 2019. The total expense to total revenue ratio increased from 12.46% in the first half of 2018 to 16.92% in the same period of 2019. 1. Overview of

) นั้น พัฒนาขึ้นมาเพ่ือเจาะตลาดกลุมคนรุนใหม โดยเฉพาะกลุมที่เพ่ิงเริ่มตนทํางาน (First Jobber) และกลุม ที่เพ่ิงซื้อคอนโดมิเนียมหลังแรก (First Condo Buyer) อายุประมาณ 23-28 ป เปนแบรนดคอนโดมิเนียมท่ี

). However, if not included this transaction, financial cost decreased by Baht 53 Million from principle repayment and refinancing long term loan of SOE at the end of the first quarter of this year resulting

same period of the previous year due to an unfavorable condition of the Company’s traditional trade channel as the Company appointed a large-sized distributor for the channel since the first quarter of 2

from sale of investment properties to WHABTin the first quarter of 2019. Furthermore, the gross profit margin stood at 19.8%, however if considering the gross profit margin from asset monetization to

maintain financial flexibility amidst of crisis as well as long term sustainable growth as follow In the first quarter of 2020 (1Q2020), Central Retail Corporation Public Company Limited and its subsidiaries