growth of food business. For hotel business, the Company still plans to open the new hotels. However, the hospital industry in Thailand may remain under pressure due to the strong Thai Baht that adversely
source of the Company’s revenue. Despite such impediments, the Company recognized the growth potential from the followings: 1) Increased revenue and profit from new business investment which are: “Elite
, Revenue from Hotel Business was THB 1,298 million, an increase of 1.6% yoy, mainly from continuing growth in owned hotel in overseas even adverse impact from FX translation and revenue from Elite Havens as
, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as planned. In addition, the
2019. In addition, Hotel business, the Company planned to expand business management the luxury villa business under Elite Havens and open 3 more hotels resulting to 10 more hotels opening this year as
(manage) วิลล่าระดบัหรู (luxury villas) แบบครบวงจร ในประเทศ ต่างๆ รวมถึงประเทศไทย ภายใต้แบรนด์ Elite Havens โดย DOC และกลุ่มผูข้ายได้เข้าท าสัญญาซ้ือขายหุ้น ทั้งหมดใน LVM Holdings ซ่ึงมีเง่ือนไขบงัคบัก่อ
recognition from Elite Havens which Company invested in late 2018. Excluding Dusit Thani Bangkok hotel, revenue from hotel business should increase by 2.9% • Owned Hotel Remark: Hotel statistics exclude Dusit