2020 was Baht 837.91 million, dropped by Baht 245.58 million or 22.67% from the same period of last year due to decreased revenues from construction contracts, while gross profit margin was 8.97

million baht respectively, increased 106.86 million baht or 27.75% compared to the previous year. Caused by increased revenue Therefore resulting in increased service costs Gross profit margin for the 3

in 2017, primarily due to improvement of our operating profit margin and significant reduction of financing cost resulting from the repayment of loan after IPO. • NNP margin improved to 9.3% in 2017

gross profit margin of 1.68 percent in spite of increase in selling and administrative expenses of 1.83 percent. The Corporate Group’s net earnings per share was Baht 0.45 per share, an increase from the

increase from the previous year by Baht 148.69 million or 35.16 percent, due to the increase in gross profit margin of 17.02 percent despite the increase in selling and administrative expenses of 11.65

growth of all businesses, effective cost management Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 8 of 10 resulted in improved gross profit margin, as well as 44% YoY

-scale projects have relatively low gross profit margin due to the high competition. Those can be shown from the increased rate of cost of sales and services higher than the increased rate of revenue. In

Profit Margin (GPM)  In 2019, gross profit from sales of real estate was THB 835.5mn,  increased from THB 740.1mn in 2018. GPM this year also improved to 27.3% from 25.2% in 2018. That was mainly due to

in sales from the restaurant business while still having other fixed costs of sales (kitchen area), such as staff, rent, utilities and depreciation. The gross profit margin decreased from 47.4% in 2019

with Diamond Brand”, as well as effective cost management having maintained good gross profit margin and increased net profit in 2020. (2) Analysis of Operating Results and Profitability (2.1) Revenues