demonstrates the 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
key revenue contributors, contributing 41% and 36% of total revenues in the FY2017. Residential Business As the Company’s high-rise projects – namely ‘The ESSE Asoke’ (76% sales progress, tentative
% yoy. This decrease was mainly from the closure of Dusit Thani Hotel Bangkok, a partial renovation at Dusit Thani Hotel Hua Hin which is currently operating the business, the economic slowdown and the
thereby incurred high amount of such fee. Financing Costs Financing cost significantly decreased in 2017 due to the Company and its subsidiary applied the proceeds derived from the initial public offering
% increase by 1. 3% when comparing to the year 2016 (in 2016: 12.6% / in 2017: 13.9%). The increase of administrative expenses was due to the renovation of its housing projects and common area readily for
Europe Development Bank Multilateral development bank Social housing for low-income persons Projects for the renovation, construction or refurbishing of housing and for the conversion of buildings into
due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of 2019 and the smoke pollution crisis in
16.50% compared to the revenue of 2018, mainly due to the decrease in Chinese tourists, there was impact from closed partial hotel’s area for renovation Ibis Styles Chiangmai Hotel in the third quarter of