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Dusit Thani Group Q3/2026 Profit 555 Million Baht

Dusit Thani Group Q3/2026 Profit 555 Million Baht

Thansettakij•Economy•26m ago

Reader Briefing

Dusit Thani Public Company Limited reported a net profit of 555 million baht in Q3/2026, reversing a loss from the previous year.

  • •Dusit Thani Public Company Limited recorded a Q3/2026 net profit of 555 million baht compared to a 384 million baht loss in Q3/2025.
  • •Total revenue for Q3/2026 reached 6,272 million baht, an increase of 259.4% year-on-year.
  • •The financial turnaround was driven by revenue from the Dusit Central Park mixed-use project and growth in Thai hotels.
  • •As of September 30, 2026, residential units in the project had approximately 98% of sales area sold.

Overview

  • •Dusit Thani Public Company Limited reported a Q3/2026 net profit of 555 million baht and an EBITDA of 1,589 million baht, an increase of 2,047.3%.
  • •For the first 9 months of 2026, Dusit Thani Public Company Limited earned a total revenue of 13,175 million baht and a net profit of 902 million baht.
  • •Chanin Donavanik stated that performance was driven by revenue from delivering residential units in Dusit Parkside and Dusit Residences within the Dusit Central Park project.
  • •RevPAR for hotels invested in by Dusit Thani Public Company Limited in Thailand increased by 24.3%, led by Dusit Thani Bangkok and Dusit Thani Laguna Phuket.
  • •As of the end of Q3/2026, Dusit Thani Public Company Limited manages a total of 316 hotels and luxury villas across 19 countries, totaling 12,178 rooms.
  • •Dusit Thani Public Company Limited began delivering Dusit Parkside units in late 2025 and started delivering Dusit Residences units in Q3/2026.
  • •Dusit Thani Public Company Limited noted challenges for the remainder of the year including geopolitical uncertainty, global economic conditions, and energy price volatility.
  • •Dusit Thani Public Company Limited maintains a total revenue growth estimate for 2026 at 5-8%, excluding residential delivery revenue from Dusit Central Park.

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Key Quotes

Chanin Donavanik
"The Dusit Central Park project is a key factor supporting the company's revenue and profit growth this quarter."
โครงการ ดุสิต เซ็นทรัล พาร์ค เป็นปัจจัยสำคัญที่สนับสนุนการเติบโตของรายได้และผลกำไรของบริษัทฯ ในไตรมาสนี้

Key Entities

Organization

Dusit Thani Public Company Limited(บริษัท ดุสิตธานี จำกัด (มหาชน))
A company operating hotels and mixed-use projects including Dusit Central Park.
DREIT
An entity that provided a share of profit to Dusit Thani Public Company Limited.

Person

Chanin Donavanik(ชนินทธ์ โทณวณิก)
Chief Executive Officer of Dusit Thani Public Company Limited.

Place

Dusit Central Park(ดุสิต เซ็นทรัล พาร์ค)ℹ️
A mixed-use project featuring hotels and residential buildings.
Dusit Thani Bangkok(โรงแรมดุสิตธานี กรุงเทพ)ℹ️
A hotel under the investment of Dusit Thani Public Company Limited that contributed to RevPAR growth.
Dusit Thani Laguna Phuket(โรงแรมดุสิตธานี ลากูน่า ภูเก็ต)
A hotel under the investment of Dusit Thani Public Company Limited that contributed to RevPAR growth.
Dusit Parkside(ดุสิต พาร์คไซด์)
A residential section within the Dusit Central Park project.
Dusit Residences(ดุสิต เรสซิเดนเซส)
A residential section within the Dusit Central Park project.