and services increased by 5.8%, mainly from continuously increase in occupied area of ready-built factories and warehouses. • Revenue and share of profit from sale of investment properties was THB
26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB
, respectively. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Rental Revenue 308.1 229.4 (25.6%) 828.9
average occupancy rate for CPN’s retail properties stood at 91%, slightly lower from the previous quarter due to major renovations at both CentralWorld and CentralPlaza Rama 3. CPN reported its 3Q17
of properties for sale. ● The Company recorded Right-of-use assets of Baht 28 million in Q1/2020, due to the recognition of lease liability upon initial application of TFRS16 Leases at January 1,2020
accounting and tax for purposes – in the part of Allowance for expected credit losses- loans purchased of receivables and Allowance for impairment of properties for sale. ● The Company recorded Right-of-use
customer care. In addition, during the renovation, payroll was saving by assigning colleagues to work at sister MOHG properties around the world. An additional finance cost of Baht 4.6 million or 190.6% was
decreased from the last year Baht 2.02 million or 16.54%. 6. The company had the Gain from a fair value adjustment of investment properties Baht 0.46 million decreased from the last year by Baht 3.54 million
increased from the last year Baht 2.10 million or 20.77%. 6. The company had the Gain from a fair value adjustment of investment properties Baht 4 million increased from the last year by Baht 5.00 million
Revenue from sale of real estate for the 3-month period ended 31 March 2018 and 2019 were THB 440.40 and 346.20 million consecutively. Revenue from sale of properties decreased by THB 94.20 million or 21.39