THB % Net Profit pursuant to the Financial Statements 484 438 46 10.5 Net Profit Margin to Total Revenues (percentage) 6.1 5.5 1 0.5 Net Profit from Normal Performances 376 375 1 0.3 Net Profit Margin

and Service 2,425.0 96.4 2,852.6 96.2 Franchise Fees Income 56.5 2.2 69.6 2.3 Other Income 33.7 1.3 42.5 1.4 Total Revenue 2,515.2 100.0 2,964.7 100.0 Remark: (1) Percentage of Total Revenue For the

million baht, a decrease of 8 million baht or 8% from the same period last year. This was mainly contributed from hire purchase income from AEON Specialized Bank (Cambodia) Plc and AEON Leasing (Lao

decrease of SG&A as a percentage of sales from 18.77% in the previous year to 18.63%. 5. Finance cost was Baht 115.06 million, an increase of Baht 7.23 million or up by 6.70%, due to the impact of adopting

customers, depreciation expense, and marketing expense. However, SG&A as a percentage of sales has marginally improved, resulting to the decrease from 23.08% in previous year to 22.96%. This decrease was due

or 12.2% from planned shutdown and decrease in unit rate which is adjusted in line with the decline in average natural gas price. Sales and service income for Q4/2020 compared to Q3/2020 decrease by

from sales than the decrease in administrative expenses. Administrative Expenses (Unit: THB Million) Net Profit Margin Net Profit (Unit: THB Million) Percentage to Total Revenue 7 Administrative expenses

and Service 2,158.1 98.9 2,425.0 96.4 Franchise Fees Income 15.1 0.7 56.5 2.2 Other Income 8.7 0.4 33.7 1.3 Total Revenue 2,181.9 100.0 2,515.2 100.0 Remark: (1) Percentage of Total Revenue For the

impacted our net profit leading to a decrease of THB 398 million. Central Retail Corporation Public Company Limited Management discussion and analysis /Page 3 Financial summary for the three-month period

) million or (2%) from Baht 383 million in Q2/2019 to Baht 374 million in Q2/2020. The main decrease was derived from the engineering service. • Overall gross profit margin increased from 9.1% to 15.0% or