placing a great emphasis on effective revenue generation and efficient cost management. CPN currently manages 30 shopping malls with the net leasable area (NLA) of approximately 1.6 mn sqm. In 3Q17, the

the concession agreement) to financial liabilities which measured at amortized cost with effective interest rate. The Company recorded interest expense from the MRT Purple Line Project in the third

quarter of 2018. 2) Service & Administrative expenses was Bt66. 1 4 mn, represented 7.9% of total revenues from core business, which decreased from last period represented 8.4%, due to effective cost

security patients which generated high margin and effect of increase of social security payment rate in 1H’18. Moreover, the efficient cost management such as medicine & medical supplies as well as the

and the Company can manage repairing cost and other costs more efficiently. 2) Sales profit in 1Q19 was Bt0.02mn, decreasing 95.4% YoY and 92.3% QoQ, due to in 2018 the Company emphasize on efficient

% compared to Bt542.89mn in the previous year, in 4Q18 was Bt141.64mn a decrease of 16.8% YoY due to the Company adding new services and more effective cost management control. 4 Forth Smart Service Public

revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately

million, decreasing from Q2/2018 that recognized net loss Baht 15 million, due to 1) sales shrinkage in CMG and domestic branded sales; 2) higher cost per unit as a result of lower utilization rate; 3

more revenue contribution from IPD which generated highest margin comparing to other categories. Moreover, the efficient cost management such as medicine & medical supplies as well as the benefit from

Financial Reporting Standard No. 15 (Revised) : Revenue from Contracts with Customers, effective 1 January 2019 has impacted on the Company and its subsidiaries’ financial statement as follows : o Brand