million, an increase of 11.3% from expenses of Baht 2,113 million during 3Q18 mainly from the increase in premises and equipment expenses from the renovations of KKP Tower. Cost-to-income ratio excluding
occupancy rate increased QoQ from 90% due mainly to occupancy rate of Central i-City ramp up however, shopping malls in BMA and the provinces have undergone renovations since the beginning of 2019, may impact
overall occupancy rate of CPN’s shopping malls stood at 91%, increased QoQ from 90% due mainly to occupancy rate of Central i-City ramp up however, shopping malls in BMA and the provinces under renovations
retail properties remained high at an average of 92%, slightly lower from 93% in 1Q17 from major renovations at CentralWorld and CentralPlaza Rama 3. In 2Q17, the average rental rate of all retail
renovations of KKP Tower. Cost-to-income ratio excluding loss from sale of foreclosed assets and loss from revaluations stood at 48.3% for 1Q19, a slight increase from 47.8% yoy. Impairment loss on loans and
hotel renovations (Dusit Thani Pattaya, Dusit Princess Chiangmai and Dusit Princess Srinakarin Bangkok) and Dusit Thani College - THB 245 million for ERP, software, hotel and education CAPEX - THB 650
0.24 637.9% Change Change Dusit Thani PCL Management Discussion and Analysis For 2Q18 and 1H18 P a g e | 2 Following continuous investment in renovations of several long-established Dusit hotels, and
continuation of the current product roll-out, product portfolio renovations to match with sales situations, new product development, new business model for sale and distribution, and securing new customers. In
for renovations to effectively utilized their space for working, learning, and carrying out their daily routines at home. Also, many restaurants have closed due to the COVID-19 crisis, prompting more