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Lat Phrao facelift may halve CPN gains

Central Pattana Plc (CPN), the SET-listed property and retail development arm of the Central Group of Companies, expects its revenue this year to grow by 8-9%,lower than the double-digit rate last year because its Lat Phrao branch will be closed for six months for renovation. As well, the company will open no new retail outlets this year, said Nattakit Tangpoonsinthana, executive vice president for marketing.

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