to the aforementioned consolidation and cost of digital billboards network. As operating revenue increased more than cost of sale, Gross profit margin grew to 63.3% from 56.1% in the same period last
margin fell to 1.7% (1Q 2019; 9.0%) • Reported net loss of THB 807mn (down 238% YoY), from the aforementioned lower EBITDA as well as higher share of loss from joint ventures and higher depreciation and
expenses as a result of Company’s response plan to COVID-19. EBITDA margin fell to -17.7% (2Q 2019; 22.3%) • Reported net loss of THB 1,213mn, from the EBITDA shortfall as well as higher share of loss from
development expenses. For the year 2018, SAAM Group presented gross profit of THB 50.94 million, representing gross profit margin of 71.22%, a THB 0.41 million or 0.57% decrease from the previous year (2017
) Residential for sale which includes the properties transferred to CPN Retail Growth Leasehold REIT (“CPNREIT”) and CPN Commercial Growth Leasehold Property Fund (“CPNCG”) The Company managed 34 shopping centers
46.2% -56.0 -11.5% Cost of Sales 238.2 26.0% 291.8 31.4% 53.6 22.5% Gross profit 156.2 17.1% 169.5 18.3% 13.3 8.5% Profit (loss) Fair value adjustment of investment property -3.6 -0.4% 6.1 0.7% 9.7 269.4
million, income from fair value adjustment of investment property at year-ended amount of Baht 1.48 million. Cost of goods sold and services (12 months) Cost of goods and services for the year 2019 in the
non-recurring items, namely the insurance claim from the terrorism risk protection amounted THB 3,500 mn, the conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into CPN Retail Growth
2019. In December 2018, the Company sold 258,000 ordinary shares (15 %) of investment in associates which were some investments in Suanlum Property Co., Ltd. that related to the future mix-use property
refinery margin to shrink. In this quarter, even though the crude oil price situation continues to improve constantly from December 2018, the cost of a proportion of crude oil that was refined within this