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
(Maintained) CAPEX (exclude spectrum) Bt25-30bn (Maintained) Core service revenue to recover and grow low-single digit Thai economic growth in 2021 is expected to remain vulnerable as the new outbreak of
million baht or 5.17%. The decrease is due to the market of Non-Destructive testing, Inspection and Certification testing and Mechanical testing services are not recover - Cost of service and administrative
1) assemblage of parts and 2) machinery for generating energy, changing or transmitting energy. These benefits will be recognized over a 5-years period starting from 2020. The tax benefit in 2020 was
measures to maintain its profitability and ongoing to recover. Performance of food center services business Revenue from food center services Due to the adoption of Thai Financial Reporting Standard 15 (TFRS
still paid partially expenses. Nevertheless, the Company continues to implement effective and cost management and prudent cost control measures to maintain its profitability and ongoing to recover
investors’ rights in alignment with the changing capital market ecosystem. The discussion included strengthening trust and confidence in the Thai capital market through the pursuit of class action lawsuits
securities via her nominee's securities account but failed to prepare and disclose report on changing in her holding (Form 59-2) to the SEC Office within the period specified in the notification of the
securities via his nominee's securities account but failed to prepare and disclose report on changing in his holding (Form 59-2) to the SEC Office within the period specified in the notification of the
development, future business direction, and the participation of all relevant sectors, both governmental and private sectors, to recover investors’ confidence will also be addressed.3. Together towards