in sales of scrap and sale of damaged and unusable assets. (2.2) Cost of Sales and Services Description Year 2018 Year 2017 Increase / (Decrease) Million Baht % of Sales Million Baht % of Sales Million

December 2017. CPN continues to emphasize on effective revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping

nearly the whole quarter, hence the maintenance cost will increase and the revenue from Availability Payment (AP) will drop. Likewise, Rayong Central Utility Plants and IRPC-CP will have the scheduled

revenue 19,990 18,308 18,138 (9%) (1%) 29,057 36,446 25% Cost of sales (excluding depreciation and amortization)1 (14,062) (12,943) (12,488) (11%) (4%) (20,651) (25,432) 24% Gross profit1 5,928 5,365 5,650

investors’ confidence about the company. This debenture issuance was aimed to enhance the company’s financial status and innovative power flagship’s goal by driving the financial cost down which will reflect

cost management to its businesses. Furthermore, CPN is currently preparing to lease assets to CPN Retail Growth Leasehold REIT (CPNREIT) with 4 additional assets, as well as the extension of lease at

development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient cost management to its businesses. Furthermore, CPN is currently considering asset transfers into

139 million or 25.89% up from 2Q2016. The consolidated gross profit margin contributed of 16.32% in 2Q2017, increased from 13.83% in 2Q2016 predominantly from cost advantage from lower major feed

company has changed the classification of operating income and cost of sales resu lting in the operating income until the gross profit being reported differently from the previous periods Operating

impacted by non-recurring items and higher financing cost. Following the adoption of Thai Financial Reporting Standard 15 (TFRS 15), CPN has amended the revenue and cost of food and beverages business