comply with the terms and conditions of the loan agreement with the commercial bank. (6) Factors Having Impact on Future Operating Results The economic situation for year 2018 is expected to recover going

. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made a long-term agreement. It is

2017 especially in China. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made

recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has made a long-term agreement. It is forecasted that the demand and supply of

steel consumption increased. Therefore, the steel product is expected to recover together with the liberalization of international trade begins to effective; rely on the time frame that each party has

which recover from 3.6% shrink in 1Q/2018 and however, shrink by 2.5% in September which make the market remain stable in 3Q/2018. This Revenue from sales by business Unit: THB million 30 Sep 17 30 Sep 18

Q4/2018 operating results, the loss magnitude should be less than the Q3/2018 results. The Company anticipates its performance to recover in 2019 with sales growth target of 5-10%, mainly supported by

thoroughly affected, and this negatively impacts private consumption, along with exacerbated financial vulnerability among households and businesses, which will require assistance and time to recover. The

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

6,731.0 303.7 4.5 Total Operating Expenses 6,352.9 6,216.3 136.6 2.2 Profit 527.1 394.3 132.8 33.7 In 2021, the overall economy began to recover in Q3- 2021 due to the following factors: 1). COVID-19