in 2018. This represents an increase in cost from hospital operations, doctor, nurse, medical supplies and depreciation from children center. Administrative expenses (including Depreciation and

investment of ward renovation and medical equipment while revenue contracted. However, percent of medicine & supplies and doctor’s fee cost to revenue decreased on back of fewer number of SW patients visit

Depreciation and Amortization) of Baht 137.74 million or 34.26% increase year-over-year from Baht 102.59 million in 3Q18. This represents an increase in the cost of doctors, nurses, drugs, medical supplies and

Village underwent a major renovation with partial closure of the resort and was back in full capacity in late 2016. Despite 45 villas in addition, the resort showed an increase in occupancy rate and revenue

FY2017. During 2016, Phi Phi Village underwent a major renovation with partial closure of the resort and was back in full capacity in late 2016. Despite 45 villas in addition, the resort showed an increase

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

renovation since 4Q16 and is expected to be finished in 2Q18. The occupancy rate at the end of 2Q17 was 91%. 2) CentralFestival Phuket continues its renovation and strengthens the shopping mall’s positioning

investment of THB 281 mn. Asset Enhancement Projects 1) CentralWorld started a phase-by-phase major renovation since 4Q16 and is expected to be progressively completed by 3Q18. Occupancy rate at the end of

by more efficient management of pharmaceutical supplies. Administrative Expenses During 9M17, administrative expenses increased by 14% yoy due mainly to the increase of headcounts and salary rate in

IPD which generated highest margin comparing to other categories. Moreover, the efficient cost management such as medicine & medical supplies as well as the benefit from economy of scale in term of