decelerated of marketing activities as well as a decrease in space of property expenses. However, the Company still maintained effective operating cost control with cost to income ratio at 38% of total revenues
property expenses. For the second quarter of 2021, the consolidated operating and administrative expenses were 1,980 million baht, decreasing by 40 million baht or 2% y-y. However, the Company still
operating and administrative expense was mainly from the reduction of personal expense 3%, transportation expense 30% and marketing expense 14% as well as a decrease in space of property expenses 11% compared
hotel, golf and retail operations decreased by Baht 112 million over the prior year as a result of the reduction in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property
over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales and the sale
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