tourism sector characterized by an increase in foreign inbound tourists, especially from China due to more available direct flights to Thailand and Europe due to the Easter holidays at the end of the period
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
38.16 million or 68.15% from THB 56.00 million to THB 94.16 million. The recognition of license fee for products installed and growth in recurring services of HR Solution results in an increase in net
on the opposite slightly increased, reflecting the increase of the purchasing power in durable goods and the effect from new model launch from many brands. For the period of January to June, total
impairment of assets Reported net loss of THB 388mn, mainly from loss on impairment of assets totaling THB 355mn. Excluding this and other one-off items totaling THB 43mn, Recurring net profit stood at THB
capital increase from Initial Public Offering would result in the marked decrease in Debt-to-Equity ratio and financial costs going forward. Management’s Discussion and Analysis S Hotels and Resorts Public
, although the adjustment does not impact the net profit. Excluding the non-recurring items CPN reported total revenue of THB 8,674 mn, a 8.9% increase YoY, operating profit of THB 3,380 mn, a 6.7% increase
compared to the same period of last year. Non-recurring Item In Q3’2018-2019, the company booked provision for retirement benefit amounted Baht 22 million. This was due to the changes in the Labor Protection
enter into five major transactions worth 14,445 million baht to acquire ordinary shares and increase capital in a company that plans to operate a terrestrial solar cell power plant project. The
affected the Company’s businesses. Excluding the non-recurring items and impact of TFRS16 applied, total revenue stood at THB 3,613 mn and net loss stood at THB 611 mn (for the first six months of 2020