voluminous residential transfers) thanks to strong growth in rent and services revenue, well-controlled expenditures, and higher share of profit from joint ventures and associated companies, despite incurring
will be used to fund the repurchase of the existing notes and to finance the Group’s general corporate purposes, including, but not limited to, working capital requirements, capital expenditures, funding
both current and capital expenditures partly due to the pending of FY2020 budget. Exports for the year 2019 contracted at 2.7 compared to last year, in line with the continuing decline in global demand
, CentralPlaza Mahachai, CentralPlaza Pinklao and CentralPlaza Rama 3, as well as promotional and event-based expenditures in the festive seasons during the year. Hence, administrative expenses to total revenue
, public spending excluding transfers also contracted in both current and capital expenditures partly due to the delay of FY2020 budget. Exports for 1Q20 grew slightly at 0.9% compared to the same period
and capital expenditures partly due to the delay of FY2020 budget. Exports for the first 2 months of 2020 contracted at 0.8% compared to the same period last year. When excluding exports of gold, value
expense of Hilton Pattaya Hotel based on the sublet agreement with CPNREIT, and expenditures associated with shares acquisition in GLAND. Hence, the administrative expenses to total revenue ratio stood at
for capital expenditures as of the latest practicable date. In addition, the registration statement shall indicate the general purpose of such commitments and the anticipated sources of funds needed to
of declines in exports and confidence. Meanwhile, the full impact of government spending on the economy cannot be fully realized due to the delay in the enactment of the Annual Budget Expenditures Act