revenues. The ability to maintain low financial cost due to the replacement long term loan with lower rate as well as the Company’s policy to manage liquidity risk and interest rates fluctuation risk by

allowance for doubtful accounts to accounts receivable overdue more than 3 months (NPLs) was 129% in the second quarter of 2018, slightly lower from the end of fiscal year 2017 of 136%. 5 Liabilities The

379.72 31.72% Total shareholders' equity 2,054.06 2,164.84 110.78 5.39% Total liabilities and shareholders' equity 3,251.20 3,741.70 490.50 15.09% Total Assets The Company and its subsidiaries had total

driven by the increase mix of Hardline and Food segment which have lower margin as well as pricing promotion to boost sales. Central Retail Corporation Public Company Limited Management discussion and

and May 2020 to prevent the spread of COVID-19 such as the shopping malls were closed temporarily and travel restrictions imposed, resulting in lower credit card spending. The provision of bad debt also

operating results in the Quarter ’. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this year from Coronavirus disease (COVID-19

liabilities 1,197.14 1,790.59 593.45 49.57% Total shareholders' equity 2,054.06 2,215.07 161.01 7.61% Total liabilities and shareholders' equity 3,251.20 4,005.66 754.46 23.21% Total Assets The Company and its

and esthetics. 2. Overview of operating results for Quarter 1’ 2020. Thai’s economy has trend to growing lower continuously, Especially Service & Travel business which loss a lot of travellers in this

is therefore considered as Class 2 transaction (transaction with a total value of at least 15 % or higher but lower than 50 %) according to the Acquisition or Disposal of Assets Notifications

17.26 million, decreased by THB 3.19 million or -15.59% YoY mainly due to lower credit losses in line with the decrease in services income from digital content via telecommunication channels. Share of