Page 83 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

The offering under this segment is grouped into two categories: Hardline retailing in Thailand and Hardline retailing
in Vietnam. The following table presents an overview of the key retail categories under Hardline segment as of
the dates presented.
As of 31 December

2019 2020 2021
Total number of stores (stores) (1)
Hardline retailing in Thailand 164 180 415
(2)
Hardline retailing in Vietnam 70 59 51
Total net selling space (sq.m.)

(2)
Hardline retailing in Thailand 1,025,407 1,080,864 1,272,742
Hardline retailing in Vietnam 81,027 78,606 73,617

Average net selling space per location (sq.m.)
Hardline retailing in Thailand 6,252 6,005 3,067

Hardline retailing in Vietnam 1,158 1,332 1,443
(1)
Store counts include stores located at retail plazas.
(2) Includes stores of OfficeMate and B2S as of 31 December 2021

Hardline Retailing in Thailand

Central Retail’s Hardline retailing in Thailand consists of Thai Watsadu and Baan & Beyond / BNB Home,
Power Buy, OfficeMate, B2S and MEB retail banners. Thai Watsadu comprises of 3 store formats. The large format
has an average net selling space of 15,000 – 20,000 square meters. The small format, which is known as “Thai
Watsadu: Building, Hardware, Sanitary ware”, following the main strategy of “reducing staff, tightening areas, and
using technology” with an average net selling space of 8,000 square meters. This format currently has 2 stores.
Annual Report 2021 (Form 56-1 One-Report) 83