Microsoft Word - ELCID_Telemax Capital Increase       No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The

at THB 6,717 mn, an increase of 7.3% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Utility costs, a major component (accounts for approximately

furniture, and decoration costs. In 1Q18, CPN reported costs of food and beverages at THB 332 mn, an increase of 9.9% YoY. The rise in cost is less than the growth in food and beverages revenue, partly down

at THB 12,894 mn, an increase of 2.1% YoY. The rate of increase is lower than the growth in revenue from rent and services, courtesy of effective utility cost management. The rise in cost comes from

62.51% to 57.99%. 2. Net investment revenues, gains on investments and fair value losses totally amounted to Baht 30.22 million, an increase of Baht 13.46 million, because of the rise of gains from the

tax of properties owned for rental. In 1Q19, CPN reported cost of rent and services at THB 3,690 mn, an increase of 11.9% YoY. The rise in cost is similar to the increase in revenue and comes from the

and services at THB 14,142 mn, an increase of 9.7% YoY (for 4Q18, the figure stood at THB 3,797 mn, an increase of 12.1% YoY). The rise in cost is higher than the increase in revenue and comes from the

and services at THB 14,142 mn, an increase of 9.7% YoY (for 4Q18, the figure stood at THB 3,797 mn, an increase of 12.1% YoY). The rise in cost is higher than the increase in revenue and comes from the

). The rise in cost is similar to the increase in revenue and comes from the following factors. • Higher operating and depreciation costs of newly opened malls and renovated projects from 3Q18 to 2Q19

increase of 8.8% YoY). The rise in cost is higher than the increase in revenue and comes from the following factors. • Higher cost of land lease and amortization at CentralPlaza Rama 2 as a result of the