Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Performance Overview Revenues and profits grew solidly. 2 new shopping malls: CentralPlaza Nakhon Ratchasima and
approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in November 2017, which are CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai. At the end of 1Q18, the average occupancy rate for CPN’s
pre-sale and in the process of construction at 3 locations, namely ESCENT Nakhon Ratchasima, ESCENTVILLE Chiangrai and ESCENTVILLE Chiangmai, which are condominium projects launched in 2017 and have
., a YoY increase from approximately 1.6 mn sqm. due to the opening of 2 new shopping malls in 2017, which are CentralPlaza Nakhon Ratchasima and CentralPlaza Mahachai, and 1 new mall in 2018, namely
transfers to continue. • Residential projects that are open for pre-sale and in the process of construction at 5 locations, 3 of which are in the provincial area, namely ESCENT Nakhon Ratchasima, ESCENTVILLE
Shareholder Agreement to Jointly Develop a Power Project in Nakhon Ratchasima Province On March 27, 2020, the Company has entered into a Shareholder Agreement with Nava Nakorn Public Company Limited and PEA
construction at 5 locations, namely 1.) ESCENT Nakhon Ratchasima, which is sold-out, will be completed and ready for transfer by 4Q19; 2.) ESCENTVILLE Chiangrai, which is sold-out, will be completed and ready
existing malls, regular rental increase, and operational improvement. Retail Property Development Domestic Expansion In 2017, CPN plans to launch two shopping malls, namely: CentralPlaza Nakhon Ratchasima
sale volume and Ua Withya PCL has more revenue from its subsidiaries (as nature of business are selling agricultural products and distribution of electricity to Provincial Electricity Authority in Nakhon