mainly due to Veranda Residence Hua-Hin ownership transferred and also growth of revenue from sales of food and beverage business due to acquisition of Gram pancackes and Pablo Cheesetart during Q4/2019
agreement periods that the company obtains the benefits. Note: 1. In the first quarter of 2019, the company has changed the classification of operating income and cost of sales resul ting in the operating
to THB 10,145mn, predominantly due to the increase in revenue from hotel operations as a result of the hotel portfolio expansion and revenue from the sales of Mo Chit Land. • EBITDA reached THB 3,195mn
revenue structure and support sustainable growth strategy. In 2019, CPN progressed with the following new investments. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page
Public Company Limited (“the Company”) reported 1Q2020 total revenue of THB 2,186m, decreased by 27% YoY. The major driver of such decline was 56% drop in revenue from sales of house and condominium due to
3Q17, sales progress reached 91%. The project was due to complete in 3Q19. Management Discussion and Analysis 3Q17 & 9M17 Consolidated Financial Results Page 2 of 6 • In February 2017, the Company
reduction of cost of inventories to the net realisable value which is shown as a part of cost of sales by increasing the cost of sales. 2019 2018 Increase (decrease) Million Baht % Million Baht % Million Baht
quarter of the previous year. 2017 2016 Increase (Decrease) % Operating Results : 3rd Quarter Revenue from sales of real estate 577,164 648,457 (71,293) (10.99) Total revenues 702,991 717,366 (14,375) (2.00
revenues , decreased by 0.54 million baht or 4.38% decreased. This decrease is the result from a better control of expense thus the compact of the restructuring of the organization structure. 5. Management
Baht 32.7873/1 USD reference from the BOT as of September 18, 2018). The capital increase and final investment structure are in the process of seeking a joint venture. The structure of investment is