from sales by Revenue from sales (2) Percentage margin is calculated by dividing Gross profit from rental and rendering of services by Revenue from rental and rendering of services Central Retail

Clearing Houses and Central Securities Depositories __________________ Clause 14 When providing services concerning securities clearing and settlement, or deposit of securities to members who provide

gross profit from sales by revenue from sales. (2) Percentage margin is calculated by dividing gross profit from rental and rendering of services by revenue from rental and rendering of services. Central

services Central Retail Corporation Public Company Limited Page 5 (4) Percentage margin is calculated by dividing Gross profit from sales and rental and rendering of services by Revenue from sales and rental

marketing activities during the period. Hence, revenue derived from marketing activities slightly declined. Rental and services business Central Pattana Public Company Limited Management’s Discussion and

. In addition, the Company deferred certain events and marketing activities during the period. Hence, revenue derived from marketing activities slightly declined. Rental and services business Central

considering all stakeholders and retain return to shareholders. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 9 of 16 Revenue from rental and services business

services) for shopping mall operations, increased from the same period a year earlier amidst the continuous rise in electricity Ft rate throughout 2019. CPN, meanwhile, utilized more electricity unit Central

, namely Central Phuket Floresta, Central i-City, CentralPlaza Rama 3 and CentralPlaza Chiangrai. • Utility costs, a major component (accounts for approximately 30% of cost of rent and services) for shopping

at THB 91 mn, an increase of 22.5% YoY. The rise in cost is in-line with the growth in revenue from food center services, which came from the new food courts opened at new malls in 2018, namely Central