Major Events in 3Q19 New Retail Development to Become the “Center of Life” CPN celebrated an opening of the first luxury outlet format in Thailand, Central Village, on August 31, 2019. Celebrated an
- the Company has started the transfer of the ESSE Asoke – our first luxury condominium project in December 2018. We can achieve the transfer progress of 29% of total units sold and expect to complete to
in Kenya. Moreover, Elite Havens luxury villa rentals and management has expanded to Goa and Maharashtra, India. Unit: Baht million 2Q20 2Q19 Change 6M20 6M19 Change Hotel business 100 813 -713 -87.7
margins than fashion segment (2) sales discounts given to customers in connection with promotion (3) The increase in proportion of luxury products sold, which have lower gross margins in Italian department
Sales and Marketing: • Revised Sales and Marketing plan underway to better position as Luxury brand • Leveraging new partnership with social media agency to spur interest across multiple platforms which
: Revised Sales and Marketing plan underway to better position as Luxury brand Leveraging new partnership with social media agency to spur interest across multiple platforms which has created engagement in
projects, the Lofts Ratchathewi, and an ultra-luxury condominium project in Soi Sukhumvit 38, near BTS station – Thonglor, which is the third joint venture project with Tokyo Tatemono Asia Pte. Ltd. (“TTA
in proportion of luxury products sold, which have lower gross margins in Italian department store (4) the decrease in the gross profit margin from rental and rendering services. 5. Selling expense was
Analysis 1Q2020 Significant Events The EXTRO, an affordable luxury condominium, was officially launched in February 2020 with THB 4,066m project value, 411 unit and THB 235,000 average selling price per Sqm
visiting the Company’s projects significantly increased comparing to that during the outbreak period. Additionally, one more ultra luxury single detached house at Santiburi The Residenses project was sold in