appreciation of foreign currencies against Baht currency which impacted to the revenue from Hotel Business. However, the Company had revenue from new investments in new businesses such as Elite Havens in late
recognition from Elite Havens which Company invested in late 2018. Excluding Dusit Thani Bangkok hotel, revenue from hotel business should increase by 2.9% • Owned Hotel Remark: Hotel statistics exclude Dusit
export sales volume was dropped including the reduction of selling price. The fluctuation of raw material price and keen competition of selling price affected to the domestic sales whereas the appreciation
Hin, the economic slowdown and the appreciation of foreign currencies against Baht currency. Meanwhile there were some more revenues from the new investments in new businesses such as Elite Havens in
2019. In addition, Hotel business, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as
, Revenue from Hotel Business was THB 1,298 million, an increase of 1.6% yoy, mainly from continuing growth in owned hotel in overseas even adverse impact from FX translation and revenue from Elite Havens as
. SETHIWAN TOWER BUILDING, 12TH NO. 139 FLOOR, UNIT D, PAN ROAD, SILOM, BANGRAK, BANGKOK 10500 SI LOM, BANG RAK, Bangkok 10500 Tel.0-2675-3928 Fax.0-2675-3925 2 ELITE SECURITIES CO.,LTD. 546/7 PLOENCHIT RD
sales volume has risen up continuously but the export income was directly affected to be reduced from Thai Baht appreciation rapidly and tremendously. However, the company has protected the risk of loss
, the total size of transactions does not exceed 15% of CPN
Company Name Website AFS AFS SECURITIES (THAILAND) CO.,LTD. ELITE ELITE SECURITIES CO.,LTD. ICAP ICAP SECURITIES CO.,LTD. TRADITION TRADITION FIXED INCOME SECURITIES CO.,LTD. WSTPS WALL STREET TULLET PREBON