financial statements and performance of the Company and the Company’s for the first quarter ending 31 March 2020, which has already been examined by the Company’s auditor, the results can be summarized as
“Company” or “we” or “our” or “us”) would like to inform management discussion and analysis for its results of operations from the consolidated financial statements for the Nine months ended September 30
Total Income 2. Expenses 2.1 Expenses on Borrowing 2.2 Fee and Service Expenses 2.3 Bad debt and doubtful accounts 2.4 Shares of loss of subsidiaries and affiliated 2.5 Operating expenses 2.5.1 Personnel
subsidiaries and affiliated 2.5 Operating expenses 2.5.1 Personnel expenses 2.5.2 Premises and equipment expenses 2.5.3 Taxes and duties 2.5.4 Directors’ remuneration 2.5.5 Others expenses Total Expenses
Shares of loss of subsidiaries and affiliated 2.5 Operating expenses 2.5.1 Personnel expenses 2.5.2 Premises and equipment expenses 2.5.3 Taxes and duties 2.5.4 Directors’ remuneration 2.5.5 Others
Operational Results In the second quarter of the year 2017, the Company had the net profit attributable to equity holders of the Company in the amount of Baht 723 Million representing an increase from the same
novation has no effect to the required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the third
required Debt to Equity ratio due to the MRTA is fully responsible for the loan repayment according to the concession agreement. Overview Operational Results In the year 2017, the Company had the net profit
, of which the Company holds 50% in an equal joint venture "UK Portfolio Hotels". Results for the UK Portfolio, operating under a joint venture, are not consolidated within the Company’s hospitality
Company Limited S Hotels & Resorts, A Singha Estate Company | www.shotelsresorts.com Page 2 of 8 Discussion of results of operations Consolidated financial statements 9 Months 2018 9 Months 2019 % Change