% % Revenue from hotel operations 279.41 68.61 284.71 51.49 (1.86) 646.47 71.23 666.78 49.31 (3.05) Revenue from property development operations 89.64 22.01 254.35 46.00 (64.76) 204.60 22.54 658.55 48.70 (68.93
Limited – has been completed on February 19, 2020 CS-02/2020/005 26 February 2020 Management’s Discussion and Analysis S Hotels and Resorts Public Company Limited S Hotels & Resorts, A Singha Estate Company
delivery. In addition, the Company attempted to increase sales by engaging in the development of products with customers to create reliability for customers in dealing businesses with the Company. Return on
facilities for Dusit Thani Excellence Center (DTEC) that includes the academic research and curriculum development center, food research and recipe development center, and center for non-degree education and
projects which had just received and delivered in Q3–2019, such as the Network development project and the Improve the efficiency of the remote communication network system project of Bank for Agriculture
(“MACO”) will be completed in 3Q 2018/19. This restructuring enables VGI to focus on building the most robust offline-to-online or online-to-offline (“O2O”) ecosystem in Thailand and designates MACO as the
arrangement transaction. The construction was completed. As a consequence, there is no any further revenue from construction under a concession arrangement recognized. Cost of sales and service Cost of sales
/2024 7. Sustainability Development 7.1 Completed projects in Q3/2024 No. Project Type Project Name Key purpose 1 Environment Installation of 350 kW Solar Panels at the Headquarters 1. To reduce the
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