- In 4Q19, revenue from owned hotel in Thailand was decreased by 32.8% yoy while by 31.8% yoy for the FY2019. The decrease was due to the closure of Dusit Thani Hotel Bangkok, a partial renovation at
period of the year 2017. This was mainly due to the termination of the satellite television co-production agreement before the due date with M.V. Television (Thailand) Co., Ltd. for 16 satellite television
and other incomes of Baht 10.80 million. It decreased by Baht 41.83 million, compared with the same period of the year 2017. This was mainly due to the termination of the satellite television co
7,777 respectively. The changes was primarily due to impact of the economic slowdown, Thai Baht appreciation and competition in Samui market. Outrigger Hotels Indicators 2018 2019 %change Quarter 4/2018
in 20172, mainly due to an ongoing postponement of festivities subsequent to the mourning period over the passing of His Majesty King Bhumibol Adulyadej and the shrinkage of advertising spending in a
sales increased by 317.1% from THB 103mn in 2Q 2018 to THB 429mn. This was mainly due to the aforementioned consolidation. Trans.Ad Group’s cost structure is characteristically higher than MACO’s core
significantly by 222.5% YoY to THB 1,481mn, predominantly due to the consolidation of the acquired hotel business in Europe (Vienna House), the improving operating performance of our hotels in Thailand and the
Board of Directors’ meeting of the Company resolved to approve to confer the power upon the executive committee or chief executive officer or persons authorized by the executive committee or chief
interest income on investment in loans by 73.0%, due to a high base during 3Q16 from loan restructuring progress of large accounts. Interest income from hire purchase and financial lease also declined by 2.4