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 Public Company Limited
sales of 1.36 billion Thai Bahts [US$38.85 million]
of which 45%
was Rental Income & Services),
Royal Orchid Hotel (Thailand) Public Company Limited
(850.56 million Thai Bahts [US$24.22 million]
Ohtl Public Company Limited
(1.92 billion Thai Bahts [US$54.62 million]
of which 44%
was Food and Beverage).
Sales fell dramatically in 2015:
During the year ended December of 2015, sales at
Grande Asset Hotels and Property Pcl were 1.34 billion Thai Bahts (US$38.12 million).
decrease of 72.5%
versus 2014, when the company's sales were 4.87 billion Thai Bahts.
Contributing to the drop in overall sales was the 92.8% decline
in Property Development Operation, from 4.04 billion Thai Bahts to 291.00 million Thai Bahts.
However, these declines were partially offset by the increase in sales of
Hotel Operation (up 30.5% to 1.08 billion Thai Bahts)
Rent Out Shopping Plaza Operation (up 33.3% to 16.00 million Thai Bahts)