significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
บริษทั ลากูน่า รีสอรท์ แอนด ์โฮเท็ล จ ากดั (มหาชน) LAGUNA RESORTS & HOTELS PUBLIC COMPANY LIMITED 21/17B, 21/17C, 21/65, 21/66 and 21/68, Thai Wah Tower I, 7 th , 22 nd and 24 th Floor, South Sathorn
. The company, then, might decide to reschedule the development plan according to changes in economic situation. In 1Q2020, S Hotels and Resorts PCL (“SHR”), a subsidiary of the Company, entered into a
4.3% YoY to THB 1,462mn mainly due to the expansion of hotel business through new hotels launch, through new acquisitions and the contribution from acquired assets under the Entire Business Transfer of
growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
inevitably affected the Company’s operating revenue. In addition, the Company had invested in renovating its long overdue hotels to enhance competitive edge in the market. Moreover, the economic slowdown and
INDUSTRY PUBLIC COMPANY LIMITED FPT: FRASERS PROPERTY (THAILAND) PUBLIC COMPANY LIMITED FSMART: FORTH SMART SERVICE PUBLIC COMPANY LIMITED GRAND: GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED JMART