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
Line Concession Agreement. 3. Commercial Development Business In the first quarter of the year 2018, total commercial development revenue was Baht 166 Million, representing an increase from the same
Purple Line and costs of farebox related to the increase in ridership which is in line with revenue growth. 3. Commercial Development Business In the third quarter of the year 2017, total commercial
riderships which is in line with revenue growth. 3. Commercial Development Business In the year 2017, total commercial development revenue was Baht 675 Million, representing an increase from the previous year
% % 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
development revenue was Baht 167 Million, representing an increase from the same quarter of the previous year by Baht 29 Million or 21 percent, which was mainly from the commercial development revenue related
Revenue from rail business 1,266 1,218 48 3.9 Revenue from commercial development business 199 167 32 19.2 Total revenue from main business 4,073 3,946 127 3.2 Interest income from the MRT Purple Line
the following reasons Exhibit 2: Revenue Breakdown 2018 – 2019 Revenue from property development business • Revenue from property development business of Baht 469.2 million decreased from 2018 by Baht
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
development operations which comprise of property sales and the sale of holiday club memberships decreased by Baht 97 million. The difference is largely attributed to the lower revenue recognition of holiday