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CPALL 11 August 2021 No. IDR 14/2021 Date : Re : To : Management Discussion and Analysis ( MD & A ) for the Second Quarter of 2021 The President The Stock Exchange of Thailand CP All Public Company Limited ( the Company or CPALL ) would like to report operating results for the second quarter of 2021 which the Company and its subsidiaries reported net profit of Baht 2,190 million . The main reasons are as follows : Total Revenue CPALL reported total revenue at amount of Baht 137,675 million , increased by 7.5 YoY which was mainly from the adjustment of merchandising and service strategies , including the 020 strategy of each business unit to cope with the COVID - 19 current situation , given the advantage from low base from the same period of last year . However , at the end of the second quarter , when the pandemic situation worsened , the government imposed various control measures including less mobility and travel along with night curfew in high infected provinces which such factors had a negative impact on the retail business . Gross Profit In 2Q21 , CPALL recognized gross profit from sales and services at Baht 28,063 million , increased by 6.1 percent YoY as a result of gross profit growth from both convenience store business and cash and carry business . Consolidated gross profit margin to revenue from sales and services was 21.2 percent in this quarter , decreased from 21.5 percent in 2Q20 , mainly due to the decrease in proportion of high margin products for convenience store business which was a consequence of the pandemic . In addition , the proportion of gross profit from the cash and carry business also increased . 1