costs control measurement on both service costs and administrative expenses as well as the lower financial costs, the Company’s net profit was Bt144mn, decreasing of 1.1% YoY. As at the end of 3Q19, the

of 2017, the average occupancy rate for CPN’s retail properties stood at 92%, slightly lower from the previous quarter due to major renovations at both CentralWorld and CentralPlaza Rama 3. CPN

retail properties stood at 91%, slightly lower YoY due to the ongoing major renovation at CentralWorld. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Consolidated

February Entered into the third joint venture agreement with Tokyo Tatemono Asia Pte. Ltd. (“TTA”) to develop an ultra-luxury condominium project in soi Sukhumvit 38, near BTS station – Thonglor. The project

higher level of cassava price. Natural Resources business Group Exploration and Production business recorded lower revenue, as sales volume was reduced to realize only Nido & Martinloc, after the company

year 2020, which is an additional revenue waiting for recognition. 2. The Company is currently developing a new shopping center project "The Jas Village", is located near the Amata Industrial Estate

resources such as setting up a team for a specific off-site booth, etc. The Company anticipates that if the situation resolve to near normal and the implementation of vaccination against the spread of COVID

a result, the refinery business recorded an Inventory Loss of THB 1,253 million (including a reversion of lower of cost or market (LCM) THB 689 million) in 2019, which adversely affected the

waiver until the end of April 2019 ; and 3.) other supporting factors, namely government subsidy to the low-income citizens to stimulate near-term consumption, as well as strong investment outlook in

growth from baht appreciation and world-trade sluggish. However, the Thai economy is attributed mainly by number of factors, namely 1.) growth in private consumption continues despite a lower rate of