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

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.