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

CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new shopping malls. Cost of food center services CPN

electricity unit consumption compared to last year. As a result, same-store utility cost increased only 1.8% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. Central

decreased 1.3% YoY, thanks 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

utility cost decreased 1.7% YoY, thanks to CPN’s continuous effort to conserve energy and utilities in operations. • Higher maintenance, repair and personnel expenses to support the expansion of new

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

close shopping malls and from the Company’s continuous effort to conserve energy and utilities in operations. Hence, the utility cost decreased 45.6% YoY (for the first six months of 2020, utility cost

conserve energy and utilities in operations. Hence, the utility cost decreased 45.6% YoY (for the first six months of 2020, utility cost decreased 25.5% YoY). Gross profit of rental and services business The

ธุรกิจอาจยังไม่เห็นความส าคัญในการน าข้อมูลดังกล่าวมาใช้ เพ่ือช่วยให้เกิด การพัฒนาการให้บริการ และช่วยให้เกิดการ ease of doing business ขณะทีใ่นต่างประเทศ กลุ่มสหภาพยุโรป (“กลุ่ม EU”) ให้ความส าคัญเป็น

. However, the pace of expansion is expected to ease if downside risks, such as the continuing U.S. and China trade dispute, materialize. In addition, Thailand is scheduled to hold elections on 24th of March