create long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, which has been ongoing in phases since 4Q16, has been completed
revenue and generate a sustain long-term returns. In 2019, CPN progressed with the following asset enhancement initiatives. • The major renovation at CentralWorld, has been started phase by phase since 4Q16
corporates, particularly in the telecommunications sector, as well as from small and medium sized businesses for fixed investment and working capital purposes. There was a notable decrease in demand for
geographies. This performance reflects strong demand for our products, structurally higher margins and utilization rates, and the results of our long-term investment strategy. The business remains focused to
acquisitions (M&A), to reinforce its business plan and long-term growth strategy. The acquisition of GLAND marks an important step for CPN towards becoming the leader in mixed-use development projects, as many
ASIA’S BOUTIQUE AIRLINE Notable Events Airline Business 1. In 2019, the Company has revised flight frequencies due to passenger seasonal demand and has increased flight frequencies, operated new routes
million baht of which loss attributable to the equity holders of the Company was 3,313.4 million baht. Loss per share for the six-month period of 2020 was 1.61 baht. 3 ASIA’S BOUTIQUE AIRLINE Notable Event
agency problems and thus induces managers to adopt corporate policies and strategies that are advantageous to shareholders in the long run, such as promoting strong positive corporate culture. This view
the previous quarter which was affected by the demand from the electricity generation sector that increased during the unusually long summer season in the Middle East. As well as exports from Europe
revenue and generate a sustain long-term returns. In 2019, the Company progressed with the following asset enhancement initiatives. Renovation programs of existing malls which have been completed in 2019