% 63.0 8.7% 9.4 17.5% Net Profit 6.4 0.9% -17.4 -2.4% -23.8 -371.9% Retail Industry Overview and Overall of the Company‘s Performance During the past 2-3 years, the growth rate of retail sector industry in

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Executive summary The overall global economy was projected to slow down significantly due to the COVID-19

retail business. The Group has net profit of Baht 116 million for Q1’ 2018, which is increased by Baht 66 million or 132% compared to the net profit of Baht 50 million for Q1’ 2017. The increase is mainly

-Bearing Debt to Equity ratio was at 0.58x. Subsequent Event:  The company obtained right to develop natural gas distribution and retail projects in six Hemaraj industrial estates, starting with the WHA

. modern retailers and department stores. 110.78 122.24 (11.46) (9.38) 3. retailers, retail and other retail customers. 40.27 47.80 (7.53) (15.75) 4. customers abroad. 18.00 9.30 8.70 93.54 Total revenue

Bangkok, April 17, 2012 ? SEC Secretary-General Vorapol Socatiyanurak reveals that the Capital Market Supervisory Board has approved revision on regulations to allow retail investor to make overseas

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis Economic overview The tightening of COVID-19 containment measures in

channel 3 Months Period (April - June) Business group Q2/2023 Q2/2024 Increase (Decrease) %YoY Amount % Amount % Retail Business 2,088.52 63.38% 2,184.75 64.15% 96.24 4.61% Wholesale Business 1,177.72 35.74

% 913 13% 945 104% Retail business 3,481 43% 3,254 45% 227 7% Total revenues from main business 7,815 97% 6,950 97% 865 12% Other income 265 3% 215 3% 50 23% Total revenues 8,080 100% 7,165 100% 915 13% 2

% 45.1 4.9% 21.5 91.1% Financial Expenses 63 6.9% 54.3 5.8% -8.7 -13.8% Net Profit Attributable to Major Shareholders -17.4 -1.9% 17.2 1.9% 34.6 198.9% Overview of the Retail Industry and the Company's