does not change significantly in 2005, though the pace of growth may slow down, in line with a declining trend in global economic expansion. Various negative factors that impacted economic growth in the
higher competition. The company recorded revenue from services of 579.03 million Baht which increased from the last year totaling 431.89 million Baht or 293.52% due to the expansion of construction
of Vienna House Easy Leipzig and Vienna House Mokotow Warsaw. The number of managed keys grew by 425 keys as a result of the domestic and international expansion of U hotels and Eastin hotels under AHS
by 29.8% YoY to THB 2,233mn mainly from the expansion of the hotel business through new hotel launches and through new acquisitions • EBITDA and EBITDA margin were THB 509mn and 22.8% respectively
% from last year and total revenues of 1,845.12 million Baht which also increased 16.82% from last year. This was mainly due to market and product expansion resulting to higher business volume. 2. Cost of
and administrative expenses increased by Baht 2.12 million or 2.59% the main reasons are the expenses incurred from the expansion of subsidiaries, staff cost and expenses of hospital quality improvement
) for the acquisition of the 176-key hotel Vienna House Easy Chopin Bratislava, which was formerly only managed by Vienna House for EUR 8.9mn (THB 347mn). On 1 March 2018, all economic benefits, risks
aforementioned capital increase last quarter SIGNIFICANT EVENTS 10 May 2018: Creating a foundation for Vienna House Expansion in Thailand. Vienna International Hotelmanagement AG (Vienna House) acquired shares in
expansion of subsidiaries, staff cost and expenses of hospital quality improvement. Please be informed accordingly. Sincerely yours, (Mr Pongpat Patanavanich) Managing Director
known and the greater customer base expansion resulting in the net profit in accordance with the ratio of stocks held by the Company of 1.04 million baht. The combination of such two incomes results in