Centel profit skyrockets 225% in Q3 on tourism, food outlet gains | Bangkok Post: business

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Centel profit skyrockets 225% in Q3 on tourism, food outlet gains

Central Plaza Hotel Plc (CENTEL) reported a 225% rise in net profit for the third quarter to 103.77 million baht from last year.

For the first nine months, the reviewed net profit totalled 833.10 million baht, up 75.25% year-on-year, the company said in a statement to the SET yesterday.

Suthikiati Chirathivat, chairman of the board of Centel, said total consolidated revenues were 3.48 billion, up 24.5% year-on-year, thanks to strong growth of its core hotel and food groups.

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