Veranda Resort Public Company Limited Management Discussion & Analysis Q1/2020 Management Discussion & Analysis Q1/2020 Revenue Structure Hotel 45.3% Property development 46.4% Food and beverage 6.1
% % Revenue from hotel operations 279.41 68.61 284.71 51.49 (1.86) 646.47 71.23 666.78 49.31 (3.05) Revenue from property development operations 89.64 22.01 254.35 46.00 (64.76) 204.60 22.54 658.55 48.70 (68.93
Veranda Resort Public Company Limited Management Discussion & Analysis Q2/2020 Management Discussion & Analysis Q2/2020 The company has main revenue portion from the property development business
year due to the decrease in revenue from property development business in Patong, Phuket. In the fourth quarter of the past, the Company has invested in two property development businesses industrial
hotel operations decreased by Baht 25 million which is in line with the lower hotel revenue. Cost of property development operations decreased by Baht 56 million as lower holiday club memberships and
over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales and the sale
40 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which comprise of property sales
by Baht 59 million over the prior year as a result of the decrease in occupancy and room rates of Laguna Phuket hotels and Banyan Tree Bangkok. Revenue from property development operations which
associates in Q2/2016 amount 117,189,289.96 Baht Property development business: Total sales in property development business in Q2/2017 were 19,458,834.00 Baht, compared to 38,935,000.00 Baht of sales in Q2
decreased 14,331,420.50 Baht Property development business Total sales in property development business in Q3/2017 were 16,712,500 Baht, compared to 21,560,000 Baht of sales in Q3/2016. It decreased 4,847,500