administrative expenses recorded THB 1,660 million, an increase of 16% YoY, the increase coincides with the expansion of the business group, mainly attributed to (1) personnel expense (2) land lease which increase
14.2% YoY. The increase is mainly attributed to higher personnel expenses due to an increase in headcount to support business expansion, as well as rental expense of Hilton Pattaya Hotel of THB 77 mn
% with net interest income increased by 9.4% driven by lower interest expense from continuous cost management while non-interest income decreased by 26.9% from the slowdown in economic activities
. Network OPEX & TOT partnership cost (net of revenue) was Bt18,642mn decreasing -2.3%YoY from saving on base rental from TOT partnership since Sep- 19 offset by increasing expense from 4G/5G expansion
rate and Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 10 of 15 3.) higher administrative expense upon business expansion. Hence, CPN is determined to exercise
explore new markets. Moreover, the Company can therefore expect to reduce capital injection to CCPH for future business expansion purpose. Lower the operating expense by more flexible sharing KPPH’s
temporary closed for renovation and transition of Food business restructuring by transferring Central Kitchen to Oishi Food Service Co., Ltd. to support the business growth. Cost of Sales Total cost of sales
the same period of last year, mainly driven by new restaurant outlet expansion and positive same stores sales growth. Cost of Sales and Services Total cost of sales and services of the company for the
reason for the Company’s net loss was due to lower income from rental and service, an increasing in food and beverage cost and property development cost incurred. Thus, the details of the Company’s
, and review of development cost in accordance with project budget. After consideration of the above, benefits to be gained from alterations of conditions do not match development input, thus project