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Dusit Thani reports 902 million profit for first 9 months of 2026

Dusit Thani reports 902 million profit for first 9 months of 2026

Khaosod•Economy•11m ago

Reader Briefing

Dusit Thani Public Company Limited reported a net profit of 902 million baht for the first nine months of 2026.

  • •Dusit Thani Public Company Limited turned a net profit of 902 million baht in the first 9 months of 2026, compared to a loss of 627 million baht in the same period of 2025.
  • •Revenue for the first 9 months of 2026 totaled 13,175 million baht, an increase of 126.5%.
  • •The growth was driven by residential unit deliveries at Dusit Central Park and increased RevPAR from hotels in Thailand.

Overview

  • •Dusit Thani Public Company Limited reported Q3 2026 total revenue of 6,272 million baht, a 259.4% increase from the previous year.
  • •Dusit Thani Public Company Limited flipped to a Q3 2026 net profit of 555 million baht from a loss of 384 million baht in Q3 2025.
  • •The financial performance was driven by revenue from deliveries of Dusit Parkside and Dusit Residences within the Dusit Central Park project.
  • •Hotels invested in by Dusit Thani Public Company Limited in Thailand saw RevPAR increase by 24.3%, led by Dusit Thani Bangkok and Dusit Thani Laguna Phuket.
  • •As of September 30, 2026, residential buildings in the Dusit Central Park project had approximately 98% of sales area sold.
  • •Dusit Thani Public Company Limited manages a total of 316 hotels and luxury villas across 19 countries, comprising 12,178 rooms as of the end of Q3.
  • •Chanin Donavanik noted that the tourism sector faces challenges from geopolitical uncertainty, the global economy, energy price volatility, and high travel costs.
  • •Dusit Thani Public Company Limited estimates total revenue growth for 2026 at 5-8%, excluding revenue from residential deliveries at 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

Person

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

Organization

Dusit Thani Public Company Limited(บริษัท ดุสิตธานี จำกัด (มหาชน))
A company managing hotels, luxury villas, food businesses, and education businesses.
DREIT
An entity that provided a share of profit to Dusit Thani Public Company Limited.

Place

Dusit Central Park(ดุสิต เซ็นทรัล พาร์ค)ℹ️
A project containing the Dusit Parkside and Dusit Residences residential units.
Dusit Parkside(ดุสิต พาร์คไซด์)
A residential unit section within the Dusit Central Park project.
Dusit Residences(ดุสิต เรสซิเดนเซส)
A residential unit section within the Dusit Central Park project.
Dusit Thani Bangkok(โรงแรมดุสิตธานี กรุงเทพ)ℹ️
A hotel in Thailand that contributed to increased RevPAR for Dusit Thani Public Company Limited.
Dusit Thani Laguna Phuket(โรงแรมดุสิตธานี ลากูน่า ภูเก็ต)
A hotel in Thailand that contributed to increased RevPAR for Dusit Thani Public Company Limited.