Europe Development Bank Multilateral development bank Social housing for low-income persons Projects for the renovation, construction or refurbishing of housing and for the conversion of buildings into
million, results include the planned River Wing renovation works which significantly reduced available room inventory for sale. The target opening in October 2019 has been delayed, however the risk
decreased by Baht 217.1 million or 49.0% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah
income for the first quarter ended 31 March 2019 decreased by Baht 158.2 million or 22.9% compared to the same period last year which was resulted from the renovation of the River Wing building that
220.9 million or 55.4% compared to the same period last year which was resulted from the renovation of the River Wing building that included the closure of 338 guestrooms, Verandah, Riverside Terrace, and
, operating profit would decrease by Baht 75.3 million or 45.6% if excluding the write-off of plant and equipment from the renovation of River Wing building amount of Baht 79.0 million. For expenditures, the
showed a decrease of Baht 134.8 million or 25.3% compared to the same period last year, primarily due to the delay completion of River Wing renovation project to mid-2020. This had an impact upon the
expenses increased 1.5% attributed to higher expenses from the renovation of office building. Exchange loss decreased from 4.2 million baht to 1.3 million baht as we implemented new policy to minimize
cost and other costs related to fixed broadband. • Depreciation and amortization was Bt464mn increasing 12% YoY due to shop expansion and renovation. • Bad debt was Bt2,199mn increasing 43% YoY following
) Access to essential services (e.g. health, education and vocational training, healthcare, telecommunication, financing and financial services); (iii) Affordable housing (e.g. construction, renovation and