% from Q2/2017 due to the increase in business development cost while the expenses decreased by Baht 11 million or 6% from Q3/2016. The decrease in business development cost also caused the drop in selling
Page 1 of 5 Performance Overview In 1Q18 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a 7% YoY decrease in total revenues, mainly from a drop of revenues from
Equity Coverage Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 1 of 10 Performance Overview Growth continued both revenue and net profits, attributed to efficient
Rayong shopping malls, are under construction. The construction progress Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 9 of 10 Table 3: Projects under development
Page 1 of 6 Performance Overview In 3Q17 Singha Estate Public Company Limited (“the Company” or “Singha Estate”) reported a total revenue growth of 82% YoY, mainly from higher contribution from
development progress of Mixed-use project Mixed-use project is developed by the Company’s subsidiary, Vimarnsuriya Company Limited, a joint venture between the Company and Central Patana PLC (CPN). The project
a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping malls, enhancement
of transfer, 4 of which under development and 1 low-rise residential project for sale (totaling 71 units in all phase), which includes the properties transferred to CPN Retail Growth Leasehold REIT
that aims to achieve a compounded annual growth rate (CAGR) in revenue of approximately 13% per year. The strategic direction to expand the business through mixed-use development, such as new shopping
, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Domestic Expansion CPN have announced the plan to launch 2 new malls to open in 2019 and early 2020