% and was mainly due to (1) the opening of new branches, (2) increased sales of raw material to franchisees and (3) increased sales of retail merchandise. Franchise fee income increased from THB 13.0 Mn
economic slower expansion indicated risk of soften retail trade sector. (Source: BOT Press Release No.56/2019 on Monetary Policy Report and Monetary Policy Committee’s Decision 7/2019) 2 Performance Analysis
cost management to its businesses. Furthermore, CPN is currently preparing to lease assets to CPN Retail Growth Leasehold REIT (CPNREIT) with 4 additional assets, as well as the extension of lease at
687.5 -398.4 -57.9% Finance income 21.0 4.0 17.1 431.9% Finance cost -91.3 -123.6 32.2 -26.1% Tax expenses -17.1 -73.8 56.7 -76.8% Net profit (loss) Attributable to Equity Holders 204.8 501.0 -296.1 -59.1
lines of business. The company aims to standardize food and beverage at its worldwide hotels, to develop premium products under the Dusit brand in retail markets globally, to enhance opportunities for
ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in December 2017. CPN continues to emphasize on effective revenue
retail shop since all branches of Can do had been closed since the end of Year 2018 as well. At the present, the Company has the proportion of revenue between export sales and domestic sales equivalent to
channel such as big retail stores/hypermarkets and dealer shops all over the country and Sharing of gain (loss) from investment value of the associates decreased from the last year since the expenses of
Management Discussion and Analysis Q2/2020 Page 1/6 JAS Asset Management Discussion and Analysis Q2/2020 Retail Synergy Management Discussion and Analysis Q2/2020 Page 2/6 J63/015 11 August 2020