renovated in 2017, namely CentralPlaza Rama 3. • Strong performances of existing shopping malls, such as CentralPlaza Rama 2, CentralPlaza Pinklao, CentralPlaza WestGate, CentralPlaza Grand Rama 9, and
. Moreover, IT transformation will enhance our time-to-market and simplify internal operational processes, as well as revamped network utilization management to improve capex efficiency. As a result, we expect
channels. Moreover, IT transformation will enhance our time-to-market and simplify internal operational processes, as well as revamped network utilization management to improve capex efficiency. As a result
operational processes, as well as revamped network utilization management to improve capex efficiency . As a result, of revising down revenue projection, we expect EBITDA to be flat supported by the above
of recovery due to interest rate cuts and increased government budget disbursements. Additionally, the launch of the iPhone 16, featuring Apple Intelligence, which introduces a revamped camera control
costs of newly opened malls and renovated projects from 2018 to 2019, namely Central Phuket Floresta, Central i-City, Central Village, CentralWorld, CentralPlaza Chiangrai, CentralPlaza Chonburi
operational processes, as well as revamped network utilization management to improve capex efficiency . As a result, we expect EBITDA to grow low single digit. Dividend policy at minimum 70% of net profit AIS
of 20.6% YoY due to the following factors. • Contributions from newly opened food courts in 2018, namely at Central Phuket Floresta, as well as renovated food court opened in 2018 at CentralWorld and
CentralPlaza Mahachai, and in 2018, namely at Central Phuket Floresta, as well as renovated food court opened in 2018 at CentralPlaza Rama 3 • Strong performances of existing food courts both in BMA and
renovated projects in 2019, namely Central i-City, Central Village, CentralWorld, CentralPlaza Chiangrai, CentralPlaza Chonburi, CentralPlaza Ladprao, Central Phuket Festival and CentralFestival Pattaya Beach