government announcement of easing lockdown restrictions. Enhance cleanliness and highest safety measures practical for shopping centers to ensure customers’ confidence resulting a traffic improvement
consequence of the outbreak of COVID-19, the nationwide lockdown and the temporary closure of restaurants in shopping centers. During the 2nd quarter of 2019 and 2020 revenue from sales of food and beverages
decline in revenue from dessert café, which was attributed to the lower traffics in shopping malls and weaker consumption sentiment following COVID-19 concerns together with the closure of shopping malls
food and beverages, which was the major contributor to the Group's revenue and was a consequence of the outbreak of COVID-19 and the closure of restaurants in shopping centers. During the 1st quarter of
great emphasis on effective revenue generation from new malls, asset enhancement, coupled with efficient operating costs management. Currently, CPN manages 30 shopping malls with the net leasable area
. Therefore, developers of the shopping centers need to carefully consider the location of the project. For that reason, the Company’s Board of Directors had resolved to cancel such lease agreement, where the
, the level of competition in this business, community malls included, became more intense. Therefore, developers of the shopping centers need to carefully consider the location of the project. For that
temporarily closedown shopping malls and shopping centers. In addition, the cloud kitchens helped facilitate food delivery drivers (Riders) and maintained normal delivery fees for customers who are in the
malls and also the OEM products increased. -2- Revenues Classified by Distribution Channels 3rd Quarter 2018 3rd Quarter 2017 Variation THB % Domestic Restaurant and Bakery Business 1,690 1,615 75 4.7