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
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
Million Baht (56%) from Q2/2016. The main causes for the lower net profit are economic in Thailand have not yet recover and intense competition. Discussion and Analysis of the Company and its subsidiaries
last year. We are witnessing a profound shift in communication between companies and shareholders—a shift to more regular, candid, behind-the-scenes conversations. We are also seeing investors exert more
household debt means that it will take more time for consumption to recover. The Thai economy will continue to face external challenges, which pose risks to the global recovery and therefore Thai exports
dropped from slacked domestic market during Quarter 3. However, the market situation started to recover in the late of the Quarter 4. Moreover, sales of customer in packaging for milk and yogurt segment
respectively. Such losses would be last 2-3 months after starting commercial sales. Therefore, the gross margin was behind the target. 3. The consolidated net loss was 2.39%, decreased from the same period of
6. Audit risks related to developments in the audit firms and profession Tone at the Top / Culture • Potential causes behind lack of improvement in level of inspection findings: fee pressures
what forces are behind it ⋄ Market inefficiencies (e.g. Basu, 1977; Rosenberg, Reid, and Landstein, 1985; Lakonishok, Schleifer, and Vishny, 1994) ⋄ Risk that warrants higher returns expectations (e.g
competitive landscape remains challenging. We saw particular weakness in the steel sector as uncertainty led to reduced production and after a record sugar season in 2018 this sector has been behind our