outlook in 2020, from a decrease of 5.5% to a decrease of 8.1%, as well as lower the policy rate to 0.5% to stimulate the economic and stabilized the financial system. The performance of Central Pattana
Company Limited Page 2/2 2. Business Outlook While the Company is gradually regaining its market share back post shutdown from February 2019 to April 2019, the current slowdown continues to pose challenges
compared to +1.1% in FY19. Cost & Expense Cost of service for 2020 was Bt81,641mn, flat YoY from decrease in regulatory fee and prepaid commission following revenue decline offset by higher network OPEX
selling expense to increase, 1Q2020 net profit reported at THB 335M or still increased by 14% YoY because of other income representing THB 423m recognized as a gain from selling share of SHR’s subsidiary
venture agreement with Tokyo Tatemono Asia Pte. Ltd. to jointly develop a luxury condominium project in Thonglor area, Soi Sukhumvit 38. Management outlook and future projects Despite the bearish outlook
. (Source : BOT Press Release No.19/2019 on Monetary Policy Report, March 2019/EIC Outlook quarter 1/2019) Performance Analysis Unit : MB For the period ended Change 31 March 2019 31 March 2018 MB % Net sales
necessary items, decrease in spending frequency and low-price favorable from consumer and retailer must also rely on promotion and marketing campaign. (Source : 3Q18 BOT Economic Report/EIC Outlook quarter 4
a v e a ls o improved the gross margin from 44.6% in Q1 2019 to 47.7%. Selling and Administration expense Selling and administration expense (“SG&A”) closed at 28.47mb (Q1 2019: 20.92mb), an increase
not revised the past financial statements which incurred high depreciation expense causing the new depreciation value to be lower. The effect from changing the estimated useful lives towards the