period of the last year. KEY HIGHLIGHTS • Total revenue increased by 10.3%, mainly from increase in revenue from sale of investment properties and increase in revenue from rental and services together with
lower coupon rate, and partial utilization of short-term instruments from financial institutions. PERFORMANCE BY BUSINESS Rental Properties Business 2017 2018 Increase/(Decrease) THB mm THB mm THB mm
26.1%. • Normalized Rental Revenue increased by 26.9% to THB 285.9 mm, mainly due to increase in lettable area for both logistics and industrial properties. • Revenue from industrial land sale was THB
HIGHLIGHTS • Total revenue increased by 51.9% and 25.7% during 3 months and 6 months ended the second quarter of 2019, respectively, mainly from increase in revenue from sale of investment properties and
associates increased by 24.8%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in
investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in normalized share of profit from investments in power associates. Such
, normalized total revenue and share of profit from investments in associates increased by 12.0%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to
and services increased by 5.8%, mainly from continuously increase in occupied area of ready-built factories and warehouses. • Revenue and share of profit from sale of investment properties was THB
, respectively. PERFORMANCE BY BUSINESS Rental Properties Business Q3 2018 Q3 2019 Increase/ (Decrease) 9M 2018 9M 2019 Increase/ (Decrease) THB mm THB mm % THB mm THB mm % Rental Revenue 308.1 229.4 (25.6%) 828.9
of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT), totaling rental area of approx. 55,131 sq.m. on 4 January 2018 • Share of