Grande Asset Hotels and Property Pcl operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grande Asset Hotels and Property Pcl with three other
companies in this sector in Thailand:
Asia Hotel PCL
sales of 1.28 billion Thai Bahts [US$38.17 million]
of which 48%
was Rental Income & Services),
Royal Orchid Hotel (Thailand) Public Company Limited
(863.66 million Thai Bahts [US$25.72 million]
Ohtl Public Company Limited
(2.05 billion Thai Bahts [US$60.90 million]
of which 43%
was Food and Beverage).
During the year ended December of 2016, sales at
Grande Asset Hotels and Property Pcl were 1.40 billion Thai Bahts (US$41.68 million).
increase of 4.5%
versus 2015, when the company's sales were 1.34 billion Thai Bahts.
Despite this increase, sales are still
below the level achieved in 2014, when Grande Asset Hotels and Property Pcl
reported sales of 4.87 billion Thai Bahts.
Sales of Property Development Operation saw an increase
that was more than double the company's growth rate: sales were up
12.7% in 2016, from
291.00 million Thai Bahts to 328.00 million Thai Bahts.
Not all segments of Grande Asset Hotels and Property Pcl experienced an increase in sales in 2016:
sales of Rent Out Shopping Plaza Operation fell 31.3% to 11.00 million Thai Bahts.
(However, this segment's sales were only a very small portion of the company's overall sales).