business sectors in line with the Lock Down policies and social distancing measures. As the second quarter closed, global hotel industry continues to struggle with the effects of COVID-19. Low occupancy rate
outbreak become controllable. Besides, the Company continues to develop its potential and maintain cost and expense management measures. The Company is ready to adapts to keep up with the situation in order
to increase reach to targeted customer while also responding to higher customers’ demand. Expansion of “Pop-up” Store The Company continues to expand new versionsof Pop-up store beside from traditional
a total of 7 branches. In 2023, the Company plans to expand 3 more branches, focusing on shopping malls and community malls in Bangkok and Metropolitan areas. In addition, the Company continues to
new dessert café, located at Siam Center. The Company continues to focus on expanding branches to areas that are tourist attractions and residential areas with high purchasing power and have a large
sales caused by sluggish domestic car market in Thailand. Thailand domestic car sales dropped 27.7% in Q3 2024 as tight lending policy of auto financing providers continues to persist. The company
Branch in Phnom Penh In October 2024, the Company opened its first After You dessert Café in Cambodia, located in Phnom Penh, which was well-received by customers. The Company continues to seek for new
, reaching 89.6% of GDP in the second quarter of 2024. This continues to pressure the growth of personal loans, particularly unsecured loans offered by both commercial banks and non-bank financial institutions
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 15 Executive Summary CPN’s total revenue and net profit continues to grow according to its business plan
all business sectors. Thai economy has been pressured from weak in tourism sector, consumption, and export sectors. However, Thailand continues easing country lockdown measures phase by phase since May