Low Revenue in 3Q19 Plunges CENTEL’s Net Profit to Decline 51%

Central Plaza Hotel Public Company Limited (CENTEL) has reported its 3Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

CENTEL recorded a net profit in 3Q19 at 215 million baht, decreased 226.7 million baht or 51.3% when compared to the same period of last year. The decrease was mainly due to the decline of the total revenues of from 5,321 million baht in 3Q18 to 4,964 million baht, decreased 6.7%.