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Bangkok Post
Bangkok Post
Business

Centel posts 15% rise in Q4 revenue to B3.7bn

Central Plaza Hotel Plc (Centel), the operator of Centara Hotels and Resorts and its food business, reported 3.7 billion baht in total revenue for the fourth quarter of 2021, an increase of 15% year-on-year.

The growth was supported by both the food and hotel businesses following Thailand's reopening and easing of pandemic restrictions.

The company's earnings before interest, taxes, depreciation and amortisation (Ebitda) of 977 million baht in the fourth quarter meant an increase of 519 million baht, or a 113% boost compared to last year.

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