98 million, a slight decrease of 1.0% yoy, mainly from a decrease in revenue from Dusit Thani College resulting from fierce competitions and dropping in new student enrollment which is a structural
million on loss sharing from Dusit Hospitality Education Philippines Inc. - Dusit Thani College has better revenue of THB 6 million from changing its strategies to focus on short courses to increase student
Company’s property portfolio now comprises of 333 properties (38 hotels and 395 villas) and 10,293 rooms. Education Business Dusit Thani College and Le Cordon Bleu Dusit were temporarily closed since the end
expansion and increase in loss sharing from Dusit Hospitality Education Philippines Inc. which planned to open later this year. Dusit Thani College has better revenue from changing its strategies to focus on
administrative expenses. In FY2018, it had the revenue from the Lyceum fee charged to Colleges in Philippines but no more this revenue in FY2019. Dusit Thani College gained more revenue in this year from focusing
had the revenue from the Lyceum fee charged to Colleges in Philippines but no more this revenue in FY2019. Dusit Thani College gained more revenue in this year from focusing more on the short-term
Philippines Inc driven by an increase in administrative expenses and the decrease in revenue from Dusit Thani College as result of COVID-19 pandemic causing the postpone in short-term courses. EBITDA from
our expectation but it is loss from operation approximately 200,000 Baht. This is already included the loss form stock loss provision for white student shoe of GCBT which is our subsidiary in Malaysia