Project CROSSROADS Phase 1 which commenced the operation on September 1, 2019. Significant Developments Disposal of shares On February 17, 2020, according to the terms under the Joint Venture Agreement, in

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

start operation in the fourth quarter of 2021. 1.3 Other event - On September 3, 2019, the 21-year PPA between Gulf Cogeneration Co., Ltd. (GCC), a combined cycle power plant in Saraburi Province of Gulf

shutdowns for planned maintenance more than those of the same period of the previous year. This resulted in the decrease in revenue from sales and rendering of services (excluding fuel costs) due to the

fragile economy with signs of global economic slowdown despite a continuous recovery in Thailand’s tourism and the improvement in inflation that helped boost private consumptions and economic activities. In

core service revenue and effective cost control 2Q23 provided an EBITDA of Bt23,317mn, improved 4.3% YoY and 3.0% QoQ from core services revenue improvement combined with cost optimization especially in

from Sales and Services 14,388.23 100.00% 13,518.71 100.00% (869.53) (6.04%) At the end of 2023, the Company has a total of 113 branches, consisting of 16 branches in Bangkok and vicinity, and 97

listed company with paid capital 875,000,000 Baht 2/4 3.2 Purchaser Mrs. Pakporn Lohavibulkij, the person 3.3 Relationship between Seller and Purchaser From checking on the general database, Mrs. Pakporn

within one year. On November 21,2019 the company has repaid the loan of 40 million baht by withdrawing the mortgage of 5 plots of land (in the process of withdrawing the mortgage) resulting in an

1 At JSP 067/2561 (OOP) 14 June, 2018 Subject Notifications of the connected transaction-borrowing from connected person, Appointment of Director replace the directors that were resign before the end