maintain financial flexibility amidst of crisis as well as long term sustainable growth as follow In the first quarter of 2020 (1Q2020), Central Retail Corporation Public Company Limited and its subsidiaries
business generated THB 974m in 1Q19 or 156% increased from 1Q18. The acquisition of 6 Outrigger hotels on 12 June 2018 was a primarily result of the impressive growth rate. Nevertheless, the Company adopts
contribution from our subsidiaries outside Thailand. Revenue from Portugal operations increased slightly by 3.7%. China recorded a strong revenue growth of 24.3%. The company also recorded increase in revenue
headcount. This will help not only strengthen our core platform but also ensure sustainable long-term growth. In addition, the Company set aside additional provisions for employee retirement benefits in the
and promotion activities implemented in Q3’19 to support growth of existing brands and new products launches. The Company Q3’19 reported profit for the period was THB 841 million (+5.9% YoY) and the
performance as forecasted. In 2Q18 Dusit Thani PCL (“the Company”) reported total revenue of THB 1,125 million, up 3.9% yoy. This growth was driven by the growth in Other Businesses offsetting a slight decrease
competitiveness to sustainably accelerate growth in the region. The Company has completed its investment in the must-have projects which are necessary for driving sales. For the nice-to-have projects which will
term. In addition to achieving revenue growth, the company-wide cost optimization is ongoing and translated into EBITDA expansion of +9% YoY and +2.4% QoQ to stand at Bt18,905mn, a reported margin of
shareholder return. Nevertheless, the ratio of SG&A to revenue decreased to 27.3% (prior year: 30.9%), from higher revenue growth. The Company expects that the ratio should be maintained at no more than 30
profitability. The Company has added new growth engines through both organic and inorganic expansion which enable MACO to achieve an outstanding top and bottom line performance compared to the same period last