increase was mainly from the increase in revenue from dessert café, which was attributed to the expansion of 6 new stores and a rise in Same-Store-Sale-Growth (SSSG) together with the increase in pop-up

and 36% from 2019, respectively. • The decrease in operating revenue was mainly from the fall in revenue from in-store sales and the decrease in purchasing power of domestic consumers as a result of the

to the increase in sales revenue of dessert cafés, which was a result of same-store sales growth (SSSG), the increase in the number of foreign customers and the increase in number of branches. In

’ demand • Online sales products and Head office pick up • Catering services such as parties, wedding receptions, restaurants or any events • Pop-up store sales in various locations • Revenue recognition of

into 4 categories as follows: Analysis of Statement of Income 87% 5% 7%1% Operating Revenue in Q1/21 Dessert Café Non-Café Catering / Pop-up Franchise Fee* • In-store menus sales across 42 outlets under

Million Baht or 18.8% compared to the previous year, which contributes 33% of total revenue due to higher order volume and more variety of frozen ready meal product supplied to largest convenience store

February 20, 2019 Re: Management Discussion and Analysis for full year 2018 To: Director and Manager of the Stock Exchange of Thailand Revenue from sales and rendering of services L&E’s consolidated

better selling, general and administrative expenses (SG&A), despite the higher percentage of the expenses to operating revenue, as the operating revenue dropped mainly due to the store closure.  The

2.4% over the same period last year, due primarily to a slight decrease in revenue from sales of goods in our Italian department Central Retail Corporation Public Company Limited Page 3 store category

mainly from an increase in revenue from dessert café, which was attributed from expansion of 8 new stores from Q2/2018 and a rise in Same-Store-Sale-Growth (SSSG). Gross Profit and Gross Profit Margin