to replace the less energy efficient ones in order to conserve energy, but this year the Retail Chain had delayed the investments. Profit for the period The Company's profit of the quarter was 3.3

number of LED lighting luminaires to an Australian Retail Chain to replace the less energy efficient ones in order to conserve energy, but this year the Retail Chain had delayed the investments. Profit for

-0195000 a priority and through controlling expenses and other various actions the group has been able to conserve cash to ensure that the Group is in a solid position going forward. In addition to the risk

able to conserve cash to ensure that the Group is in a solid position going forward. Although the financial impacts from all the cost savings measures could not compensate for the loss of revenue in the

revenue structure and support sustainable growth strategy. In 2019, CPN progressed with the following new investments. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page

investment driven its business growth compatible with strengthen the revenue structure and support sustainable growth strategy. In 2019, CPN progressed with the following new investments. CPN debut the first

shopping malls and from the Company’s continuous effort to conserve energy and utilities in operations. Hence, the same- store utility cost decreased 8.2% YoY. • Higher maintenance, repair and personnel

year. As a result, same-store utility cost increased 3.2% YoY, which was lower than the increase in electricity Ft rate, and partly down to CPN’s continuous effort to conserve energy usage. Hence, the

partly down to CPN’s continuous effort to conserve energy usage. Hence, the cost-to-revenue ratio is expected to be similar to the magnitude of last year amidst the increasing trend of electricity Ft rate

last year. As a result, same-store utility cost increased only 0.9% YoY, thanks to CPN’s continuous effort to conserve energy usage. Hence, the cost-to-revenue ratio is expected to be similar to the