CENTEL Reports Further Loss in 2Q21 by 30% as Operations Plunge

Central Plaza Hotel reported further net loss in 2Q21 from lower operations and EBITDA.

Central Plaza Hotel Public Company Limited (CENTEL) has announced its 2Q21 consolidated financial statement through the Stock Exchange of Thailand as follows;

CENTEL reported a net loss of 606 million baht in 2Q21, increased by 30.29% from a net loss of 465 million baht in 2Q20. The decrease was mainly due to a net loss from operation of 652 million baht, which increased from a loss of 186 million baht in 2Q20 or by 40%.


Meanwhile, the company reported an EBITDA of 302 million baht, decreased 31% YoY, representing an EBITDA Margin of 11%, compared to 19% in 2Q20.

Back to top button