representative or 360-degree technology. Until now, offering a deep discount to potential customers was not expected because of the Company’s financial strength with Net Interest-Bearing-Debt to Equity at 0.97
customer perception. We continue to focus on delivering fair profitability balancing between short- and long- term drivers while keeping our solid financial strength. Market and Competitive Environment As
have made notable progresses in the following mixed-use development projects. • Residential projects that are completed and in the process of transfer to customers at 3 locations, namely ESCENT Rayong
have made notable progresses in the following mixed-use development projects. • Residential projects that are completed and in the process of transfer to customers at 3 locations, namely ESCENT Rayong
products that offer well-perceived quality at reasonable prices. We believed that the notable Carabao brand is well imprinted among targeted customers and the positive feedback in term of sales of both the
share equaled to 0.12 baht. 4 ASIA’S BOUTIQUE AIRLINE Notable Events Airline Business 1. The Company has revised flight frequencies due to passenger seasonal demand and has increased flight frequencies
, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable progresses in the following mixed-use
consist of residential projects, office buildings and hotels, in the same complex as the shopping malls to support and maximize the benefits of the latter’s business. In 2019, CPN have made notable
benefit from structurally improving margins and capturing the volume opportunities. IVL has achieved notable progress on multiple strategic fronts and is increasingly well positioned to deliver sustainable
business. In 3Q18, CPN have made notable progresses in the following mixed-use development projects. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 4 of 15