Earnings Report /

Erawan Group PCL/The: Deeper loss than we had expected

  • Loss was deeper than our estimate (but in line with the street)

  • ERW reported a 1Q22 loss of Bt313m

  • Hotel revenue was Bt617m in 1Q22, up by 69% YoY and 3% QoQ

Kalvalee Thongsomaung
Kalvalee Thongsomaung

Equity Research Analyst

Bualuang Securities
17 May 2022


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