Investing in Central Retail

Key Performance Figures

Performance 1Q 2022

CRC Adapted to Challenges and Will Continue to Lead & Transform

MB

Total revenue

MB

EBITDA

Sales Contribution 1Q 2022

Sales Contribution by Country

Sales Contribution by Segment

Sales Contribution by Format

Financial Highlights 1Q 2022

Total Revenue (MB)

14.8%

from the same period of the last year

EBITDA (MB)

22.7%

from the same period of the last year

NPAT (MB)

188.5%

from the same period of the last year

(MB)

Financial statement as of	2019	2020	2021
Statement of financial position
Total assets	183,505	239,180	263,228
Total liabilities	145,986	183,465	204,147
Total equity	37,519	55,715	59,081
Statement of comprehensive income
Total revenue	222,737	194,311	195,654
Revenue from sale of goods	195,355	173,138	175,975
EBITDA from continuing operations	25,814	18,965	20,059
Normalized EBITDA ⁽¹⁾	22,455	18,149	20,110
Net profit from continuing operations	12,359	341	277
Profit (loss) attributable to owners of the parent	10,633	46	59
Normalized net profit ⁽¹⁾	9,016	(614)	407
Financial ratio
Gross profit margin (%) ⁽²⁾	29.0	25.0	25.3
Net profit margin from continuing operations (%)	5.5	0.2	0.1
Normalized net profit margin (%)	4.0	(0.3)	0.2
ROA (%) ⁽³⁾	6.8	0.2	0.1
ROE (%) ⁽⁴⁾	23.6	0.7	0.5
Liabilities / equity ratio (times)	3.9	3.3	3.5
Net interest-bearing debt / equity ratio (times)	1.4	0.9	1.0

Remarks:

⁽¹⁾ EBITDA and net profit reported on normalized basis. From 1 January 2020, the Comapny has adopted the amendment to Thai Financial Reporting Standards (“TFRS”) 9 Financial Instruments and TFRS 16 Lease

⁽²⁾ Gross profit margin from sale of goods, rental services, and rendering of services.

⁽³⁾ ROA = Net profit from continuing operations / Average total assets.

⁽⁴⁾ ROE = Net profit from continuing operations / Average total equity.

(MB)

Financial statement as of	2Q2021	3Q2021	4Q2021	1Q2022
Statement of financial position
Total assets	251,771	253,945	263,228	255,042
Total liabilities	195,048	196,083	204,147	194,438
Total equity	56,723	57,862	59,081	60,604
Statement of comprehensive income
Total revenue	46,376	41,482	58,765	56,274
Revenue from sale of goods	41,844	37,660	52,722	50,694
EBITDA from continuing operations	4,088	2,541	8,031	6,622
Normalized EBITDA ⁽¹⁾	4,152	2,695	7,849	6,498
Net profit from continuing operations	(426)	(2,220)	2,464	1,324
Profit (loss) attributable to owners of the parent	(471)	(2,241)	2,371	1,204
Normalized net profit ⁽¹⁾	(356)	(2,048)	2,303	1,225
Financial ratio
Gross profit margin (%) ⁽²⁾	25.0	24.0	26.9	25.1
Net profit margin from continuing operations (%)	(0.9)	(5.4)	4.2	2.4
Normalized net profit margin (%)	(0.8)	(4.9)	3.9	2.2
Liabilities / equity ratio (times)	3.4	3.4	3.5	3.2
Net interest-bearing debt / equity ratio (times)	1.2	1.2	1.0	1.1

Remarks:

⁽¹⁾ EBITDA and net profit reported on normalized basis. From 1 January 2020, the Comapny has adopted the amendment to Thai Financial Reporting Standards (“TFRS”) 9 Financial Instruments and TFRS 16 Lease

⁽²⁾ Gross profit margin from sale of goods, rental services, and rendering of services.