-month period. due to some reduction of orders from clients and the Company’s process of changing its customer base while also preparing to accommodate new clients this year. Moreover, there was an

, which decreased by Baht 10.95 million, in Q2’22; and amounted to Baht 43.06 million, which decreased by Baht 0.53 million, in the six-month period, due to some reduction of orders from clients and the

Revenue from hotel operations Hotel operations are considered CPN’s non-core businesses. In 2Q18, revenue from hotel operations was THB 263 mn, an increase of 9.5% YoY (for the first six months of 2018, the

increased by 1.3% from Q2/2020 due to the launch of marketing promotions during Q2/2020, resulting in lower gross profit margin than normal operations during Q2/2021. • However, gross profit margin in 1H/2021

of Bt1,330mn, growing 7.1% YoY from unique proposition of vertical solutions in collaboration with partnerships and efforts to expand the digital ecosystem to support the digital operations of

Page 1 of 10 Management Discussion & Analysis Q3/2024 1. Overview of Business Operations, Economy, and Industrial Conditions Affecting Operations In Q3/2024, Thailand's economic outlook shows signs

% Management service 1.1% Other income 1.2% Hotel Property development Food and beverage Management service Revenue from property development operations through sales of residential projects in both low rise and

BMA and provinces with double digit growth, such as CentralPlaza Rama 2, CentralFestival Samui, CentralMarina and CentralPlaza WestGate. Revenue from hotel operations Hotel operations are considered

CPN’s philosophy on sustainable business operations by taking into consideration the interests of the whole, the environment, the related parties and continuously partake in driving the well-being of

CPN’s philosophy on sustainable business operations by taking into consideration the interests of the whole, the environment, the related parties and continuously partake in driving the well-being of