in the process. Major projects in progress such as the Project of the development for train tracking system and cargo management of the State Railway of Thailand, the GDCC Service Expansion (VM

) Revenue from sales and service Revenue from sales and services in the Q1–2023 decreased from the Q4–2022 in the amount of 450.7 MB, or a decrease by 27.5%, due to the project work in progress, the project

trustee, under Clause 20; (13) the trust’s disclosure of information, under Clause 21; (14) the distribution to the unit holders, under Clause 22; (15) the proposal for resolution and the general meeting of

quarter of 2017 showing a decrease of Baht 4.76 million or representing 7.46 % decrease since there have been only 6 ongoing projects whereas a subsidiary had 1 additional ongoing project with its contract

ongoing project and expected to be completed in 2019. As a result, the construction income gained in this captioned year was higher than last year. There is no any new project awarded in 2019. . Service

exports to reduce from the previous year. Furthermore, the sale of goods to foreign countries has been affected by the continuous appreciation of the Thai baht. Domestic consumption trend continues to

for Capex and investments in progress that are not generating revenue and earnings as on date given Figure 9: Repayment Schedule of Long Term Debts 14 Table 8: Joint Ventures Performance USD in Mill

Servicing Coverage Ratio (DSCR) times 3.8 2.9 Interest coverage ratio (times) 10.2 6.7 Note (1) Net debt after debt for Capex and investments in progress that are not generating revenue and earnings as on

create long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, which has been ongoing in phases since 4Q16, has been completed

ongoing operations Re-opened Centara and Convention center Udonthani on July 1, 2020. After temporary closure of 34 shopping malls to complied with the government regulation to control the COVID-19 outbreak