creditors as explained in 3.3, the creditor (the purchaser) agrees with the subsidiary to rent such asset for further business operation. The subsidiary has considered the rental conditions, the rental price
Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 1 of 18 Executive Summary Revenue and profit continue to grow primarily from strong rental business performance
acquisition of assets in make a long-term 19 years leasehold building transaction in People Park Community Mall, E2 Building (3-Storey Home Office Building) and total rental area is 1,359.12 square meter
assets in make a long-term 19 years leasehold building transaction in People Park Community Mall, E2 Building (3-Storey Home Office Building) and total rental area is 1,359.12 square meter according to the
previous year. Including Central i-City, which was opened in March 2019, the average occupancy rate of CPN’s shopping malls stood at 91% due to an increase of rental in completed renovation mall. Overall
areas. In 3Q18, the average rental rate of all shopping malls stood at THB 1,682 per sqm/month. Same store rental rate growth is at 3.9% from THB 1,600 per sqm/month in the previous year to THB 1,662 per
appraised price, the characteristic of benefit procurement, for instance, the structure of rental income, including the significant condition of the benefit procurement agreement or the real estate management
rental, core service revenue was Bt33,962mn increasing 2. 5% YoY and 0. 8% QoQ, driven by 4G growth, higher fixed broadband subscribers, and sales in enterprise. Mobile revenue was Bt31,555mn increasing
% YoY and 2% QoQ, comprising of service revenue and device sale as follows. Service revenue was Bt38,235mn increasing 5. 3% YoY and 3.5% QoQ. Excluding IC and equipment rental, core service revenue in
recent bonds with lower interest rate. PERFORMANCE BY BUSINESS Rental Properties Business Q2 2018 Q2 2019 Increase/(Decrease) 1H 2018 1H 2019 Increase/(Decrease) THB mm THB mm THB mm % THB mm THB mm THB mm