consolidated net profit of THB 5,983 mn, an increase of 155.4% from the same period of the previous year (YoY). Total revenue stood at THB 11,198 mn, an increase of 53.0% YoY. Excluding a non-recurring item
global economy 2.) tourism sector growth with an exceptional 12% YoY increase in tourist arrivals for the first six months of the year, especially Chinese, Russian and Indian tourists 3.) recovering
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
74.52% due to an increase in rent and service income from warehouse/factory space. This was a result from diversifying the Company’s business risk by expanding into recurring income business. The
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
and Administrative expenses (“SG&A”) increased significantly by 184.0% YoY to THB 431mn. The increase was primarily from the non-recurring expenses from impairment of assets and loss on disposals/write
million or gross profit percentage increase by 11.3%. Description 1Q2019 Million Baht 1Q2018 Million Baht Change Million Baht Change (%) Total revenue (Million Baht) 3.95 8.24 (4.29) (52.1%) Total cost of
expense and rental expense. Non-Recurring Item In Q3’2018, the Company recognized insurance claim revenue for business interruption due to the fire incident on November 27, 2017 at UHT production line
recognition of non-recurring income from the insurance claim under terrorism coverage of THB 3,500 mn (for the first nine months of 2018, CPN reported total revenue of THB 27,126 mn, an increase of 2.2% YoY