). The rise in cost is similar to the increase in revenue and comes from the following factors. • Higher operating and depreciation costs of newly opened malls and renovated projects from 3Q18 to 2Q19
mainly from ready to move-in projects while there were 3 low-rise projects, Maestro 03 Ratchada-Rama9, Maestro 14 Siam-Ratchathevi and Maestro 01 Sathorn-Yenakat, completed and started transfer in Q2/2018
Low-rise projects, Maestro03 Ratchada-Rama9, Maestro14 Siam-Ratchathewi and Maestro01 Sathorn-Yenakat. Morerover, there were continuous transfer in existing completed projects mainly from M Jatujak and
growth was driven primarily by an increase in revenues from sales of pet skincare shampoo products, pet food products and livestock animal products, and revenues from sales of wellness & anti-ageing
recognition from its completion within this period. 2. Cost of construction increases in the amount of Baht 31.52 million or 38.13% when compared to the same period of the year 2016 which is related to the rise
and 2018 Unit: Million Baht Q3’2019 Q3’2018 Increase (Decrease) % Change Sales income 15,219.71 15,400.82 (181.11) (1.18%) Rental and service income 666.38 598.17 68.22 11.40% Other income 489.38 494.97
/2017 and Q3/2016 in which generate constant growth of revenue and can be summarized as following table. Description Total Revenue (MB) Y-O-Y Change Increase/(Decrease) Note Q3/2016 Q3/2017 Sales 248.3
the increase in gross profit of Baht 47 million. Moreover, the effect to NNP escalated from the TFRIC 4 and TFRS 15 equaled to Baht 43 million. As a result, NNP increased when there is a rise in finance
tax of properties owned for rental. In 1Q19, CPN reported cost of rent and services at THB 3,690 mn, an increase of 11.9% YoY. The rise in cost is similar to the increase in revenue and comes from the
same period of last year due to the operating of a new center at The Mall Bangkapi in last October, resulting in a rise in revenue compared to the same period last year. The Group has also opened one