Page 371 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

2) Trading
Persons or Companies Transaction value (Baht : Million)
Necessity and rationale of Audit Committee’s
which may have
conflict of interest Transaction 2019 2020 2021 transactions Opinion

2.1 Sales of goods
HCDS Group: Revenue 114.99 108.32 100.30 Companies in HCDS group Transactions are normal
− Central JD Commerce from sales purchased goods from many c ourse of business
Company Limited of goods business units with prices transactions and do not
− PT Central Retail Indonesia and conditions complying to cause any disadvantages
Co., Ltd trading agreement. The Group to the Group. This might
− Central Garment Factory consider that trading prices do lead to increasing in
Company Limited not cause any disadvantages sales and bargaining
− Harng Central to the Group and prices power over suppliers.
Department Store Limited are comparable to other As a result, transactions
− Tiang Chirathivat companies. are reasonable and
Company Limited beneficial to the Group.
− Central Embassy Hotel
Company Limited
− Central People
Development Center
Company Limited
− Central Insurance Services
Company Limited
− Central Tham Social
Enterprise Company
Limited
− The 1 Central Company
Limited
− Teenee Wongsawang
Company Limited
− Ploen Ruedee Company
Limited
− C.D.S Restaurant Co., Ltd.
− Central Marketing Group
Intertraie Co., Ltd.

COL Group: Revenue 182.59 106.01 8.55 COL Group purchased goods Transactions are normal
from sales in large quantities from the c ourse of business
(CRC group acquired COL of goods Group’s business units for transactions and do not
Group as subsidiaries business operation with general cause any disadvantages
in February 2021. Therefore, trading prices and conditions. to the Group. This might
in 2021, there were transactions The Group consider that lead to increasing in
in January 2021 only.) trading prices do not cause sales and bargaining
any disadvantages to the power over suppliers.
Group. Moreover, the Group As a result, transactions
do not need to invest in sales are reasonable and
promotion campaigns. These beneficial to the Group.
transitions also lead to increase
in sales, bargain power over
suppliers, and get more trade
discounts from suppliers.

Annual Report 2021 (Form 56-1 One-Report) 371