%. Operating expenses decreased by Baht 18.7 million or 11.8% compared to Q3 2018. During the year, the hotel carefully managed costs while retaining a minimum impact on the quality of guest services and

decreased by Baht 39.0 million or 22.7% compared to Q2 2018. During the year, the hotel carefully managed costs while retaining a minimum impact on the quality of guest services and customer care. In addition

) Derivatives, each coming with its own strong market position. The acquisition comes with its own strong R&D and technical capabilities apart from portfolio of about 900 patents and other intellectual properties

from operations increased from the last year by Baht 1,347.28 million or 25.90%. We have managed to grow our asset base comfortably at around 7.6%, which is considered to be an appropriate level given

and services 135.1 86.4% 53.7 32.5% -81.4 -60.3% Gross Profit 21.2 13.6% 111.5 67.5% 90.3 426.0% Loss from fair vale adjustment for investment properties - - -55.0 33.3% -55.0 100.0% Other Income 22.0

retail properties remained high at an average of 92%, slightly lower from 93% in 1Q17 from major renovations at CentralWorld and CentralPlaza Rama 3. In 2Q17, the average rental rate of all retail

average occupancy rate for CPN’s retail properties stood at 91%, slightly lower from the previous quarter due to major renovations at both CentralWorld and CentralPlaza Rama 3. CPN reported its 3Q17

properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting

of properties for sale. ● The Company recorded Right-of-use assets of Baht 28 million in Q1/2020, due to the recognition of lease liability upon initial application of TFRS16 Leases at January 1,2020

accounting and tax for purposes – in the part of Allowance for expected credit losses- loans purchased of receivables and Allowance for impairment of properties for sale. ● The Company recorded Right-of-use