). 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
owned for rental. In 3Q19, CPN reported cost of rent and services at THB 3,919 mn, an increase of 11.1% YoY (for nine months of 2019, total cost at THB 11,533 mn, an increase of 12.6% YoY). The rise in
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
and services at THB 14,142 mn, an increase of 9.7% YoY (for 4Q18, the figure stood at THB 3,797 mn, an increase of 12.1% YoY). The rise in cost is higher than the increase in revenue and comes from the
and services at THB 14,142 mn, an increase of 9.7% YoY (for 4Q18, the figure stood at THB 3,797 mn, an increase of 12.1% YoY). The rise in cost is higher than the increase in revenue and comes from the
increase of 8.8% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Higher cost of land lease and amortization at CentralPlaza Rama 2 as a result of the
approximately 30% of cost of rent and services) for shopping mall operations, increased from the same period a year earlier amidst the continuous rise in electricity Ft rate throughout 2019. The Company
62.51% to 57.99%. 2. Net investment revenues, gains on investments and fair value losses totally amounted to Baht 30.22 million, an increase of Baht 13.46 million, because of the rise of gains from the
align with business restructuring of MK Group. The objectives were to reduce the business risk and increase revenue from recurring business in the long-term. Real estate business of low- rise housing
reviewed by auditor are as follows: Table 1: Financial Summary for the 2nd quarter of the year 2019 and 2018 Unit: Million Baht Q2’2019 Q2’2018 Increase (Decrease) % Change Sales income 16,426.54 15,444.64