, London is now available for lease following renovation, however, the prolonged uncertainty surrounding BREXIT and the election contributes to a decision delay. Residential for sales, through our joint
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
introduce several variables intended to control for the firm’s specific characteristics and other macroeconomic shocks and uncertainty. ❑ Following prior literature on political risk and firm value, we
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
organization levels were controlled following the cost reduction initiative to combat COVID-19 situation. In addition, put off 2020 capital expenditure plan to prepare sufficient liquidity amidst uncertainty