S Hotels and Resorts Public Company Limited Reports Audited Consolidated Earnings Results for the Year and Fourth Quarter and Separate Earnings Results for the Year Ended 31 December 2019
February 26, 2020 at 08:43 am
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S Hotels and Resorts Co. Ltd. reported audited consolidated earnings results for the year and fourth quarter and separate earnings results for the year ended 31 December 2019. For the year, on a consolidated basis, the company reported revenue from services of THB 3,818,111,757 compared to THB 2,575,728,409 a year ago. Loss for the year was THB 466,854,385 compared to profit of THB 450,065,409 a year ago. Basic loss per share was THB 0.20 compared to earnings of THB 0.38 a year ago.
For the fourth quarter, on consolidated basis, the company reported revenue from services of THB 1,178.4 million compared to THB 985.0 million a year ago. Loss for the year was THB 167.0 million compared to THB 14.3 million a year ago.
For the year, on a separate financial basis, the company reported revenue from services of THB 24,594,070. Loss for the year was THB 274,285,704 compared to profit of THB 21,802,575 a year ago. Basic loss per share was THB 0.12 compared to earnings of THB 0.04 a year ago.
S Hotels and Resorts Public Company Limited is a Thailand-based holding company engaged in the hospitality management and hotel investment business. Its segments include Hospitality business - Own Operate (Thailand, Republic of Maldives), Hospitality business - Outrigger (Republic of Mauritius, Republic of Fiji), Hospitality business - Crossroad (Republic of Maldives), Hospitality business - UK and Others. It operates approximately 38 hotels and resorts, including the Self-Managed Hotels, Outrigger Hotels, Project CROSSROADS Phase I Hotels, United Kingdom Portfolio Hotels and Joint Ventures Hotels with the total of approximately 4,552 rooms. Its brands include Mercure, Holiday Inn, Santiburi Koh Samui, SAii, Curio Collection by Hilton, Hard Rock, Outrigger and SO/ Maldives. Its hotels and resorts include Santiburi Koh Samui, SAii Phi Phi Island Village, SAii Laguna Phuket, SAii Koh Samui Choengmon, Kanotta Maldives Resort, Outrigger Fiji Beach Resort, Castaway Island, and others.
S Hotels and Resorts Public Company Limited Reports Audited Consolidated Earnings Results for the Year and Fourth Quarter and Separate Earnings Results for the Year Ended 31 December 2019