2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 13 Executive Summary Revenue and net profit have growth according to the business plan In 2Q18, the Thai
73 million in 3Q19 while reported net loss of Baht 60 million in 3Q2018. The closure of Dusit Thani Hotel Bangkok at the beginning of the year was the main reason to the decrease in business’s result
attributable to owners of the parent was Baht 73 million in 3Q19 while reported net loss of Baht 60 million in 3Q2018. The closure of Dusit Thani Hotel Bangkok at the beginning of the year was the main reason to
changed by considering all stakeholders. In 2Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, due mainly to country lock down
provinces of Thailand. The Company’s products are categorised into 5 main types consisting of (1) Billboards, (2) Street Furniture, (3) Digital Advertising, (4) Overseas Advertising, and (5) Creative OOH. 1
) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
higher occupancy rate. - Revenue from Overseas Hotels was up by 5.3% yoy despite an adverse impact on the translated financial statements from foreign currency exchange due to Thai Baht appreciate against
the entity and the main terms of its commitment to provide investors with useful information about the potential secondary market liquidity of the debt securities. In some circumstances, the issuer may