and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a
segment In the Third quarter performance of 2017, the Company and its subsidiaries’ revenues from sales of real estate increased and 9-month performance of 2017, the revenues from sales of real estate
Group entered a sublet agreement of Hilton Pattaya Hotel with CPNREIT after the transfer of the asset into CPNREIT was completed. Revenue from sales Revenue from sales of real estate comprises the
Discussion and Analysis (MD&A) Page 6 of 13 Revenue from sales Revenue from sales of real estate comprises the transfer of ownership in residential units to customers, which CPN began to record the sales from
the first quarter ended March 31, 2019 and 2018 Revenues from sales of real estate 694.10 984.17 -29.47 314.96 494.10 -36.26 Revenues from rental and services 14.33 30.59 https://market.sec.or.th/public
associated with reduced revenue. Expenses are as follows. Cost of sales - Real estate development business of Baht 15.97 million, sale and administrative expenses of Baht 4.23 million (Most of them are
the same period of the previous year by 19.32 million baht which is in the same direction as income. Expenses include Cost of sales - real estate development business in the amount of 24.35 million baht
from real estate sales, which was the main source of income for 2019. In this regard, the analysis of the operating results of the Company could be explained as follows: Rental and Service Income and
Revenue from sales of real estate comprises the transfer of ownership in residential units to customers, which CPN began to record the sales from 2018 onwards. In 2018, revenue from sales stood at THB 2,762