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mn), in line with the growth in sales of real estate due to the transfers at ESCENT Rayong, ESCENT Chiangmai and ESCENT Khonkaen condominium projects. Total administrative expenses stood at THB 1,438
beverage management. Cost of sales In 1Q18, CPN reported cost of sales at THB 135 mn, in line with the growth in sales of real estate due to the partial transfer of unit ownership at ESCENT Rayong and ESCENT
property (totaling 11 units), and 3 real estate properties for sale (totaling 1,227 units), which includes the properties transferred to CPN Retail Growth Leasehold REIT (“CPNREIT”) and CPN Commercial Growth
property (totaling 11 units), and 3 real estate properties for sale (totaling 1,227 units), which includes the properties transferred to CPN Retail Growth Leasehold REIT (“CPNREIT”) and CPN Commercial Growth
cost of sales at THB 466 mn (for the first nine months of 2018, the figure stood at THB 1,375 mn), in line with the growth in sales of real estate due to the transfers at ESCENT Rayong, ESCENT Chiangmai
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oversea entities to ensure sustainable growth in the future. Besides, the company has a policy to maintain both gross and net profit margin of the real estate business to inline with the average of the past
infrastructure projects in support of national growth and regional linkage. Major infrastructure projects include Motorway Link to connect Thailand?s Western Seaboard and Myanmar?s Dawei Deep Seaport and
sustainable growth in the future. Besides, the Company has a policy to maintain both gross and net profit margin of the real estate business to inline with the average of the past 3 years. Please be informed