development, study into value-accretive merger and acquisition (M&A) opportunities, as well as apply efficient cost management to its businesses. Furthermore, CPN is currently considering asset transfers into
generation through new shopping malls, enhancement of existing malls, new mixed-use development projects, such as residential development, as well as efficient cost management. CPN currently manages 32
as of 2Q’19. For SW income per insurer, the income has increased from THB 988 per insurer to THB 1,015 per insurer reflecting the more efficient SW income generated from each insurer. Cost of Hospital
Group acquired in the third quarter. And the Group also has profit from maintenance service to outside. In addition, cost of fuel materials also decreases from cost management and efficient fuel
reasons for the decline of cost ratio not only stemmed from the increase of SW income and non-sw income per head but also from the efficient cost management particularly staff cost. Administrative Expenses
basis for an effective corporate governance framework The corporate governance framework should promote transparent and fair markets, and the efficient allocation of resources. It should be consistent
gross profit margin increased from 42.8% in the 1st quarter of 2020 to 50.0% in the same period of 2021 from efficient cost management to generate more profit, such measures having been intensively
efficient cost management such as staff cost and other related cost. Administrative Expenses In year 2017, administrative expenses increased by 12% yoy and 6% yoy in the fourth quarter mainly due to the
estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore