Erawan Group Public Company Limited (The) operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Erawan Group Public Company Limited (The) with three other
hotel and motel operators in Asia:
Kyoto Hotel, Ltd. (The)
of JAPAN
(2020
sales of 9.63 billion Japanese Yen [US$90.97 million]
of which 100%
was ess),
Malayan United Industries Berhad
of MALAYSIA
(297.80 million Malaysian Ringgits [US$73.66 million]
of which 40%
was Hotels), and
Lemon Tree Hotels Ltd
which is
based in INDIA
(6.69 billion Indian Rupees [US$92.45 million]
of which 100%
was Hoteling business).
Sales Analysis.
During the year ended December of 2020, sales at
Erawan Group Public Company Limited (The) were 2.31 billion Thai Bahts (US$76.77 million).
This
is
a
sharp
decrease of 63.9%
versus 2019, when the company's sales were 6.38 billion Thai Bahts .
Contributing to the drop in overall sales was the 64.5% decline
in Hotel Business, from 6.15 billion Thai Bahts to 2.18 billion Thai Bahts .
There were also decreases in sales in
Rental and Management Building Business (down 45.9% to 126.00 million Thai Bahts )
.