revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately

pandemic causes the worst global energy demand contraction in 70 years affecting demands for oil, LPG, LNG and electricity, etc. Ministry of Energy closely monitors Thailand energy situation and is prompt to

Q1’2020 decreased 3.7% y-on-y to 3.13 Baht/kWh because the energy payment is generally adjusted to reflect changes in natural gas price which decreased 5.1% during the period. Electricity sales to

to 3.08 THB/kWh because the energy payment is generally adjusted to reflect changes in natural gas price which decreased 4.6% and 4.8% y-on-y respectively during the period. Electricity sales to

2 Change Increase (Decrease) 2017 2016 Amount % Electricity revenue - Availability Payment (AP) - Energy Payment (EP) 1,094 2,466 167 373 927 2,093 555% 561% Other income 5 14 (9) (64%) Total revenues

and operate business within appropriate risk limits under normal and stress scenarios. Emphasizing efficient and timely risk management to cope with economic fluctuations, especially amid mounting

effective revenue generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently

electricity unit consumption compared to last year. As a result, same-store utility cost increased only 1.8% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. Central

malls, enhancement of existing malls, new mixed-use development projects, such as residential development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient

Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory Commission EPC Engineering, Procurement and Construction EVN Electricity of Vietnam Ft Fuel adjustment FX Foreign