ASIA Returns to Profit After Asia Hotel Bangkok Renovation

MGR Online•Economy•18m ago

Reader Briefing

Asia Hotel Public Company Limited reported a net profit of 6.07 million baht in Q3/2026, reversing a previous loss.

•Asia Hotel Public Company Limited recorded total revenue of 371.32 million baht in Q3/2026, an 11.33% increase.
•The company reversed a loss of 5.47 million baht from the previous year to a net profit of 6.07 million baht.
•The Board of Directors approved a cash dividend of 0.089 baht per share.
•Revenue growth was supported by a 49.8% increase in food and beverage income following the renovation of banquet rooms at Asia Hotel Bangkok.

Overview

•Asia Hotel Public Company Limited reported total revenue of 371.32 million baht for Q3/2026, representing an 11.33% growth from the previous year.
•Asia Hotel Public Company Limited achieved a net profit of 6.07 million baht, flipping from a net loss of 5.47 million baht in the same period last year.
•Food and beverage revenue increased by 49.8% because Asia Hotel Bangkok completed the renovation of its banquet rooms.
•Hotel business revenue reached 263.38 million baht, comprising 239.01 million baht from domestic hotels and 24.37 million baht from international hotels.
•Asia Hotel Public Company Limited expects continued growth in Q4/2026 due to the year-end tourism high season.
•The Board of Directors of Asia Hotel Public Company Limited approved a dividend on November 11, 2026, based on operations from January 1, 2026, to September 30, 2026.
•Asia Hotel Public Company Limited set the XD date for November 25, 2026, with payment scheduled for December 9, 2026.

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Key Quotes

Phatcharaphon Techahruwijit

"Operating results in Q3/2026 grew significantly, with the hotel business group generating revenue of 263.38 million baht, an increase of 38.77 million baht or 17% compared to the same period last year."

ผลการดำเนินงานในไตรมาส 3/2569 เติบโตอย่างมีนัยสำคัญ มาจากกลุ่มธุรกิจโรงแรมมีรายได้จำนวน 263.38 ล้านบาท เพิ่มขึ้น 38.77 ล้านบาท หรือ 17% เทียบงวดเดียวกันของปีก่อน

Key Entities

Organization

Asia Hotel Public Company Limited(บริษัท เอเชียโฮเต็ล จำกัด (มหาชน))

A public company listed as ASIA that operates hotel businesses and reported a net profit in Q3/2026.

Person

Phatcharaphon Techahruwijit(พัชรพล เตชะหรูวิจิตร)

Assistant Chief Executive Officer of Asia Hotel Public Company Limited.

Place

Asia Hotel Bangkok(โรงแรมเอเชีย กรุงเทพ)

A hotel that completed the renovation of its banquet rooms to support revenue growth.