Post by account_disabled on Dec 25, 2023 3:39:57 GMT
Dusit Thani Group reports operating results for the 3rd quarter (July to September) of 2020 with total income of 643 million baht, an increase compared to the 2nd quarter of this year (QoQ), which had total income of 424 million baht, representing an increase of 219 million baht or 51.65%, but decreased compared to the same period last year (YoY), which had total income of 1,621 million baht, while earnings before interest expenses, taxes, depreciation and amortization (EBITDA) were The trend improved quarter-on-quarter. Indicating that there are clearer signs of quarterly recovery. Confident in the last quarter of the year The overall industry is gradually improving due to the tourist season. Meanwhile, the food business under the management of the Dusit Thani Group has a bright trend. Mrs. Suphajee Suthumpun, Group Chief Executive Officer of Dusit Thani Public Company Limited or DTC.
Revealed that although the operating results in the third quarter of this year will have an impact Net loss of 343 million baht compared to net profit of 73 million baht in the same period last year. As a result, the Telegram Number Data operating results for the first 9 months of this year saw a net loss of 878 million baht, compared to a net profit of 51 million baht in the same period last year. But when considering the quarter-to-quarter (QoQ) operating results, the company began to see more clear signs of business recovery in the 3rd quarter of this year, especially total income that returned to increase by 51.65% from the 2nd quarter, which is a result. As businesses are able to gradually return to providing various services again, “After this year we were affected by the spread of the COVID-19 virus. From the end of the first quarter continuing to the second full quarter. This causes sales and service income to decrease.
The third quarter, signs of recovery became clearer. Both from the hotel business which has begun to have an increase in occupancy rates and average revenue per room. Meanwhile, the education business is beginning to show a better trend with the re-opening of teaching at culinary schools. And the food business has increased income from investing in The Caterers in Vietnam according to the business expansion plan of Epicure Catering Company, a subsidiary owned by the Dusit Thani Group. stocks," Mrs. Suphajee said. In addition, the company's earnings before interest expenses, taxes, depreciation and amortization (EBITDA) still tend to improve. In the 3rd quarter of 2020, it was negative 53 million baht, a decrease compared to the 2nd quarter of 2020, negative 207 million baht, which was a result of adjusting the business plan.
Revealed that although the operating results in the third quarter of this year will have an impact Net loss of 343 million baht compared to net profit of 73 million baht in the same period last year. As a result, the Telegram Number Data operating results for the first 9 months of this year saw a net loss of 878 million baht, compared to a net profit of 51 million baht in the same period last year. But when considering the quarter-to-quarter (QoQ) operating results, the company began to see more clear signs of business recovery in the 3rd quarter of this year, especially total income that returned to increase by 51.65% from the 2nd quarter, which is a result. As businesses are able to gradually return to providing various services again, “After this year we were affected by the spread of the COVID-19 virus. From the end of the first quarter continuing to the second full quarter. This causes sales and service income to decrease.
The third quarter, signs of recovery became clearer. Both from the hotel business which has begun to have an increase in occupancy rates and average revenue per room. Meanwhile, the education business is beginning to show a better trend with the re-opening of teaching at culinary schools. And the food business has increased income from investing in The Caterers in Vietnam according to the business expansion plan of Epicure Catering Company, a subsidiary owned by the Dusit Thani Group. stocks," Mrs. Suphajee said. In addition, the company's earnings before interest expenses, taxes, depreciation and amortization (EBITDA) still tend to improve. In the 3rd quarter of 2020, it was negative 53 million baht, a decrease compared to the 2nd quarter of 2020, negative 207 million baht, which was a result of adjusting the business plan.