CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
, shoppers can enjoy 4D Trick Eye Museum, the first Augmented Reality Art Museum in the world, at B1 AQUARIA Phuket. Asset Enhancement Initiatives CPN continues the renovation of existing malls to enhance
CentralPlaza Rama 3, which is owned by CPNREIT and has undergone a 6-month renovation program completed and re-opened in December 2017 under the concept of “Where Nature Meets Urban Living”, a blend of urban
deal. Selling and Admin Expenses % Selling and admin expenses to revenue of Q2 2017 and Q2 2016 are 58.18% and 52.11% respectively. The no. of staff has to be retained in order to maintain the standard
are 58.20% and 52.11% respectively. The no. of staff has to be retained in order to maintain the standard of service. Thus, this expensewill become the higher percentage of expense compared to the
% ownership in the project. This collaboration will enhance Central Village’s position to be the top luxury outlet destination in ASEAN. Asset Enhancement Initiatives Continues the renovation of existing malls
Magnitude of Luxury & Leisure Resort Shopping Destination”. Asset Enhancement Initiatives Major renovation at CentralWorld has been completed, ready to support new tenants. CPN continues the renovation of
impacted by non-recurring items and higher financing cost. Following the adoption of Thai Financial Reporting Standard 15 (TFRS 15), CPN has amended the revenue and cost of food and beverages business