system. The performance of Central Pattana Public Company Limited (“The Company” or “CPN”) in 3Q19 shows total revenue of THB 9,413 mn, an increase of 2.1% and net profit stood at THB 2,816 mn, a decrease

growth momentum and stabilized financial system. The performance of Central Pattana Public Company Limited (“The Company” or “Central Pattana”) in 2019 shows total revenue of THB 38,403 mn, an increase of

are tax-privileged, we document several interesting facts. 2 First, most open-ended equity mutual funds in Thailand do not beat the market, whether it is raw or risk-adjusted returns. Second, while 94