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Central Plaza food business proves nourishing for profits.
Mar. 2--SET-listed Central Plaza Hotel Plc (Centel) announced yesterday its food business had driven up the company's 2005 revenue by 13.4 percent from 2004.
Centel's revenue last year, which included earnings from the group's hotel and food business, totalled 6.24 billion baht, up 739.2 million baht from the previous year.
Net profits for 2005 was 536 million baht, down 0.9 percent from the year before. According to Ronnachit Mahattanapreut, Centel's senior vice-president for finance and administration, profits before interest and taxes totalled 885.6 million baht, up 10.6 percent from the year before.
Corporate tax payments in 2005 totalled ...
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Source: HighBeam Research, Central Plaza food business proves nourishing for profits.