magnitude of last year amidst the increasing trend of electricity Ft rate. • Higher maintenance, repair and personnel expenses to support the expansion of new shopping malls. Cost of food and beverages Costs
interest income from joint ventures amounted to THB 57.7 million, other income and realized loss in exchange rate amounted to THB 26.1 million. Management’s Discussion and Analysis S Hotels and Resorts
previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the
revenue from hotel business improved despite the stronger THB and gain from sale of other long-term investment. Earnings before interest, tax, depreciation and amortization (EBITDA) was THB 465 million in
the second quarter of 2022 to the first quarter of 2023. The interest rate in the first quarter of 2023 higher than the first quarter of 2022 which lead to the increasing in finance costs. Tax income
sector which continued to expand. Public spending and private consumption remained to be the main growth drivers. The policy rate remained stable at 1.5%. Central Pattana Public Company Limited (“The
stimulus measures to support the economy while the BOT has reduced the policy interest rate. Thai Banking Industry The commercial banking sector in Thailand continues to face challenges from changes in the
expansion is still subjected to the rising cost of living, in which the inflation rate in 4Q/2022 reached 5.8%, the household debt ratio is considered high amid the increasing trend of interest burden but
) maintained the policy interest rate at 1.50 percent. The Committee assessed that the Thai economy was on the path of recovery, while domestic demand recovery remained gradual and unevenly distributed. Headline