8,875m, increased by 128% YoY. Major drivers of such growth were 298% increase in revenue from sales of house and condominium together with 38% increase in revenue from rental and services which mainly

0.94 times in-line with increasing in payable for purchase of fixed assets following to the progress of Tubma construction project and Debt service coverage ratio (DSCR) remained strong at 2.20 times.

-hazardous waste) is being built in Lumpoon and it is expected to finish within Q4/2018. The progress of JV company (Genco-Otani) is up to the plant construction state. The Genco Otani company has signed an

”) reported 2019 total revenue of THB 12,275m, increased by 63% YoY. Major drivers of such growth were 104% increase in revenue from sales of house and condominium together with 27% increase in revenue from

of income from investment in associate 0.25 0.40 -0.15 -37.5% Corporate Income tax expenses -14.83 -11.74 -3.09 26.3% Net profit for the period 59.32 47.10 12.22 25.9% Profit Sharing for non

changes in the shareholding structure, management or business operation or any other important events (for example, merger and acquisition) during the past three years, if any. 1.3 Shareholding structure In

Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 12 Executive Summary Growth in both revenue and net profit demonstrates the effectiveness of retail

cost 7.06 7.63 -0.57 -7.47 185.52 314.26 -128.74 -40.96 Share of gain/loss from investments in associate 0.00 -0.49 0.49 -100.00 Loss Before Income Tax -20.29 -38.96 18.67 -47.91 Income tax expense -0.05

also made continuous progress with the asset enhancement initiatives, particularly with CentralWorld, which is on track for completion in 3Q18. Preparations are also made with the major renovation

subsidiary have sold total of two pieces of land. For projects, the company is developing, has delayed. However, these projects are on a good progress. First, the non-hazardous waste landfill is now completed