lower transfers of condominium units, and decline in hotel revenue based on market conditions. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated Financial
of service related to investment properties to be administrative expense amounting of 3.96 Million Baht and has loss on sell of investment properties (condominium) amounting of 3.12 Million Baht. The
% as compared with the total revenues for Q1 2019 of 441 million Baht, comprising of: (1) revenue from sales of residential condominium units of 59 million Baht (7.4% of total revenues); decreasing by 89
residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 4 residences of the
short-term and long-term loans ; 2) the real estate project development cost (which are complete and ready-to-transfer projects) and condominium units available for sales decreased THB 183.5mn when
% compared to 2016. Mana Patanakarn Company Limited, the real estate development company, has completed the construction of condominium “Aspen Condo” phase A and was able to transfer the right of ownership to
Company’s subsidiary company which do real estate development business, has started to transfer the ownership of condominium rooms at Aspen Condo to the purchasers. . . 3.2 Selling and administrative expenses
disposal The Company has a policy to develop the land owned by Prime-A as a premium standard condominium project, since the location of the project is within close proximity to Thonglor BTS station. The
February 5, 2018 2. The detail of sold asset Business Type : Services& Rents of Hotel and Condominium Zenith Management Co., Ltd Registered capital on November 4, 2016 with 13,000,000 ordinary shares with a
% when compared to 2017. Mana Patanakarn Co., Ltd., the Company’s subsidiary company which does real estate development business, has transferred the ownership of houses and condominium “Aspen Condo” phase