relating to the fee for registration of the conversion of a property fund into a real estate investment trust will be expired on 31 December 2017. 2. The lease of CentralFestival Pattaya Beach shopping mall
growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in
high-rise categories including revenue from the sale of furniture in addition to the residential units Revenues from the café’ under brand Skoop Beach Café, KOF, Gram Pancakes and Pablo Cheesetart
ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT”) in December 2017. CPN continues to emphasize on effective revenue
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
demonstrates the growth resiliency of CPN’s operating results despite the ongoing major renovation at CentralWorld and the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold REIT (“CPNREIT
revenue generation through new shopping malls, enhancement of existing malls, as well as efficient cost management. CPN currently manages 32 shopping malls with the net leasable area (NLA) of approximately
CPN’s operating results despite the impact on its revenue from rent and services from the major renovation at CentralWorld, the transfer of CentralFestival Pattaya Beach to CPN Retail Growth Leasehold
2022 were THB 166 million and THB 592 million, respectively, increased by 48% from Q4/2021 and 67% from 2021, corresponding to the increase in sales and the Company’s efficient cost management since the