REIT (“CPNREIT”) in December 2017, and the increase in utility cost due to the increase in electricity Ft rate since May 2017. CPN continues to emphasize on effective revenue generation through new

TOT partnership cost” . As the agreement is effective from Jan-2019, the revenue and cost of rent incurred for 9-month period are recorded in 3Q19 offsetting the actual cost previously paid to TOT in

and services 7,724.99 100.00% 6,431.56 100.00% 1,293.43 20.11% Cost of sales and services 7,681.74 99.44% 5,890.19 91.58% 1,791.55 30.42% Gross profit 43.25 0.56% 541.37 8.42% (498.12) -92.01% Other

THB 250 mn, a decrease of 1.1% YoY) in line with the decrease in revenue. Both hotels showed effective cost control in both room and food and beverage management. Cost of sales In 3Q18, CPN reported

result of the decline in desert café sales in Q1/2020 corresponding COVID-19 situation while fixed selling and administrative expenses in Q1/2020 remained constant (The result of cost-saving initiatives

depends on the nature of the item being hedged. In case of Cash Flow Hedges, only the effective portion of changes in the fair value of the derivative financial instrument is recognized in other

maintained effective operating cost control with cost to income ratio at 38% of total revenues. 5 Considering the Company’s separate financial statement, the operating and administrative expenses as a

of electricity generation capacity and 30 tons per hour of steam generation capacity with the project cost of approximately Baht 3,105 million (the debt proportion is approximately 75 percent and the

บริหารงาน ระบบงาน และการให้บริการของผู้ประกอบธุรกิจหลักทรัพย์ และผู้ประกอบธุรกิจสัญญาซื้อขายล่วงหน้า (ฉบับประมวล) การลงทุนหรือการทำธุรกรรมในผลิตภัณฑ์ในตลาดทุนที่เหมาะสม (basic asset allocation) โดยพิจารณา

in the three-month period and the nine-month period. The increase were 26% and 8% respectively. 1.2 Cost of sales and service, Administrative expenses (Unit: Million Baht) For the third quarter For the