Declared Dividend • May 30
First quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 8th June 2026 Payment date: 24th June 2026 Dividend yield will be 11%, which is about the same as the industry average. Reported Earnings • May 11
First quarter 2026 earnings released First quarter 2026 results: Revenue: ฿45.9m (flat on 1Q 2025). Net income: ฿24.8m (down 6.3% from 1Q 2025). Profit margin: 54% (down from 57% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 02
Fourth quarter dividend reduced to ฿0.13 Dividend of ฿0.13 is 4.4% lower than last year. Ex-date: 11th March 2026 Payment date: 27th March 2026 Dividend yield will be 11%, which is about the same as the industry average. Reported Earnings • Feb 16
Full year 2025 earnings released Full year 2025 results: Revenue: ฿183.7m (flat on FY 2024). Net income: ฿146.5m (down 9.2% from FY 2024). Profit margin: 80% (down from 88% in FY 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Declared Dividend • Nov 24
Third quarter dividend reduced to ฿0.13 Dividend of ฿0.13 is 0.7% lower than last year. Ex-date: 4th December 2025 Payment date: 22nd December 2025 Dividend yield will be 11%, which is about the same as the industry average. Reported Earnings • Nov 06
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ฿45.9m (flat on 3Q 2024). Net income: ฿26.0m (down 3.8% from 3Q 2024). Profit margin: 57% (down from 59% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Sep 17
Centara Hotels and Resorts Leasehold Property Fund, Annual General Meeting, Oct 28, 2025 Centara Hotels and Resorts Leasehold Property Fund, Annual General Meeting, Oct 28, 2025, at 13:00 SE Asia Standard Time. Location: at queen sirikit national convention center, 2 floor, room mr210, no. 60 ratchadaphisek road, khlong toei sub-district, khlong toei district, bangkok Thailand Declared Dividend • Aug 25
Second quarter dividend reduced to ฿0.13 Dividend of ฿0.13 is 1.5% lower than last year. Ex-date: 5th September 2025 Payment date: 22nd September 2025 Dividend yield will be 11%, which is about the same as the industry average. Reported Earnings • Aug 07
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ฿45.9m (flat on 2Q 2024). Net income: ฿26.0m (down 10% from 2Q 2024). Profit margin: 56% (down from 63% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • May 28
First quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 5th June 2025 Payment date: 23rd June 2025 Dividend yield will be 12%, which is about the same as the industry average. Reported Earnings • May 08
First quarter 2025 earnings released First quarter 2025 results: Revenue: ฿45.9m (flat on 1Q 2024). Net income: ฿26.4m (down 8.3% from 1Q 2024). Profit margin: 57% (down from 63% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Declared Dividend • Mar 06
Fourth quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 12th March 2025 Payment date: 28th March 2025 Dividend yield will be 12%, which is about the same as the industry average. New Risk • Feb 07
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 100% Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 100% Earnings have declined by 17% per year over the past 5 years. Minor Risk Market cap is less than US$100m (฿1.40b market cap, or US$41.4m). Reported Earnings • Feb 06
Full year 2024 earnings released Full year 2024 results: Revenue: ฿183.8m (flat on FY 2023). Net income: ฿161.4m (up ฿159.0m from FY 2023). Profit margin: 88% (up from 1.3% in FY 2023). Declared Dividend • Nov 25
Third quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 3rd December 2024 Payment date: 20th December 2024 Dividend yield will be 12%, which is about the same as the industry average. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: ฿0.085 (vs ฿0.087 in 3Q 2023) Third quarter 2024 results: EPS: ฿0.085 (down from ฿0.087 in 3Q 2023). Revenue: ฿46.0m (flat on 3Q 2023). Net income: ฿27.1m (down 2.7% from 3Q 2023). Profit margin: 59% (down from 61% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Declared Dividend • Aug 26
Second quarter dividend of ฿0.14 announced Shareholders will receive a dividend of ฿0.14. Ex-date: 4th September 2024 Payment date: 20th September 2024 Dividend yield will be 12%, which is about the same as the industry average. Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: ฿0.09 (vs ฿0.082 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.09 (up from ฿0.082 in 2Q 2023). Revenue: ฿46.0m (flat on 2Q 2023). Net income: ฿28.9m (up 10.0% from 2Q 2023). Profit margin: 63% (up from 57% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Declared Dividend • May 23
First quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 31st May 2024 Payment date: 19th June 2024 Dividend yield will be 12%, which is about the same as the industry average. Reported Earnings • May 11
First quarter 2024 earnings released First quarter 2024 results: Revenue: ฿46.0m (flat on 1Q 2023). Net income: ฿28.8m (up 2.6% from 1Q 2023). Profit margin: 63% (up from 61% in 1Q 2023). New Risk • Apr 17
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ฿184m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 101% Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Revenue is less than US$5m (฿184m revenue, or US$5.0m). Market cap is less than US$100m (฿1.41b market cap, or US$38.4m). Upcoming Dividend • Mar 06
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 13 March 2024. Payment date: 28 March 2024. Trailing yield: 12%. Within top quartile of Thai dividend payers (6.3%). In line with average of industry peers (12%). Declared Dividend • Mar 04
Fourth quarter dividend of ฿0.13 announced Shareholders will receive a dividend of ฿0.13. Ex-date: 13th March 2024 Payment date: 28th March 2024 Dividend yield will be 12%, which is about the same as the industry average. New Risk • Feb 24
New major risk - Revenue and earnings growth Earnings have declined by 6.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Cash payout ratio: 100% Earnings have declined by 6.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin). Market cap is less than US$100m (฿1.44b market cap, or US$40.0m). Upcoming Dividend • Nov 27
Upcoming dividend of ฿0.13 per share at 12% yield Eligible shareholders must have bought the stock before 04 December 2023. Payment date: 21 December 2023. Trailing yield: 12%. Within top quartile of Thai dividend payers (6.8%). In line with average of industry peers (12%). Reported Earnings • Nov 11
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ฿45.9m (flat on 3Q 2022). Net income: ฿27.8m (up 2.2% from 3Q 2022). Profit margin: 61% (up from 59% in 3Q 2022). Upcoming Dividend • Aug 29
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 05 September 2023. Payment date: 20 September 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 9.9%. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: ฿0.082 (vs ฿0.089 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.082 (down from ฿0.089 in 2Q 2022). Revenue: ฿45.9m (flat on 2Q 2022). Net income: ฿26.3m (down 7.3% from 2Q 2022). Profit margin: 57% (down from 62% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Upcoming Dividend • May 24
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 16 June 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 9.3%. Reported Earnings • May 13
First quarter 2023 earnings released First quarter 2023 results: Revenue: ฿46.2m (flat on 1Q 2022). Net income: ฿28.1m (down 2.3% from 1Q 2022). Profit margin: 61% (down from 63% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year. Upcoming Dividend • Mar 07
Upcoming dividend of ฿0.13 per share at 9.7% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 29 March 2023. Trailing yield: 9.7%. Within top quartile of Thai dividend payers (5.7%). Higher than average of industry peers (6.7%). Reported Earnings • Feb 23
Full year 2022 earnings released Full year 2022 results: Revenue: ฿183.6m (flat on FY 2021). Net income: ฿112.1m (down 2.6% from FY 2021). Profit margin: 61% (down from 63% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Upcoming Dividend • Nov 29
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 06 December 2022. Payment date: 22 December 2022. Trailing yield: 9.7%. Within top quartile of Thai dividend payers (5.6%). Higher than average of industry peers (5.9%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Aug 29
Upcoming dividend of ฿0.14 per share Eligible shareholders must have bought the stock before 05 September 2022. Payment date: 20 September 2022. Trailing yield: 9.5%. Within top quartile of Thai dividend payers (5.5%). Higher than average of industry peers (5.4%). Reported Earnings • Aug 10
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ฿45.9m (flat on 2Q 2021). Net income: ฿28.4m (down 1.9% from 2Q 2021). Profit margin: 62% (down from 63% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • May 31
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 22 June 2022. Trailing yield: 9.2%. Within top quartile of Thai dividend payers (5.3%). Higher than average of industry peers (5.1%). Announcement • May 26
Centara Hotels and Resorts Leasehold Property Fund Notifies No Dividend Payment for the Operation Period from January 1, 2022 to March 31, 2022 Kasikorn Asset Management Co. Ltd., the management company of Centara Hotels and Resorts Leasehold Property Fund informed that the Property fund has no dividend payment for the operation period from January 1, 2022 to March 31, 2022. As the fund has deficit retained earnings. The Management Company therefore consider no dividend payment which conforms to the dividend payment policy disclosed in the fund scheme. Reported Earnings • May 12
First quarter 2022 earnings released First quarter 2022 results: Revenue: ฿45.9m (flat on 1Q 2021). Net income: ฿28.7m (down 1.9% from 1Q 2021). Profit margin: 63% (down from 64% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 09
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 16 March 2022. Payment date: 30 March 2022. Trailing yield: 10%. Within top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (6.3%). Announcement • Mar 04
Centara Hotels and Resorts Leasehold Property Fund Announces Dividend for the Period from October 1, 2021 to December 31,2021, Payable on March 30, 2022 Centara Hotels and Resorts Leasehold Property Fund announced it reduce capital THB 0.0470 per unit by decreasing the par value from THB 8.9371 per unit to THB 8.8901 per unit and dividend for the operation period from October 1, 2021 to December 31,2021 paid at the rate of THB 0.0800 per unit. The book closing date for this capital reduction and dividend payment will be on March 18, 2022. and payment date will be paid to the unitholder on March 30, 2022. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: ฿183.8m (flat on FY 2020). Net income: ฿115.1m (down 3.3% from FY 2020). Profit margin: 63% (down from 64% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year. Announcement • Feb 18
Centara Hotels and Resorts Leasehold Property Fund, Annual General Meeting, Apr 26, 2022 Centara Hotels and Resorts Leasehold Property Fund, Annual General Meeting, Apr 26, 2022, at 07:00 Coordinated Universal Time. Agenda: To acknowledge the significant management of the Property Fund and the management in the future; to acknowledge the financial status and operation results of the Property Fund of the accounting period between 1 January 2021 to 31 December 2021; to acknowledge the appointment of the auditor of the Property Fund and the audit fee of the year 2022; to acknowledge the distribution of dividends and capital decrease for the fiscal year from 1 January 2021 to 31 December 2021; and to consider Other matters (if any). Upcoming Dividend • Nov 26
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 03 December 2021. Payment date: 21 December 2021. Trailing yield: 9.9%. Within top quartile of Thai dividend payers (4.8%). Higher than average of industry peers (5.1%). Reported Earnings • Nov 12
Third quarter 2021 earnings released The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2021 results: Revenue: ฿46.0m (flat on 3Q 2020). Net income: ฿28.8m (down 2.1% from 3Q 2020). Profit margin: 63% (down from 64% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 26
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 20 September 2021. Trailing yield: 11%. Within top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (5.2%). Upcoming Dividend • May 26
Upcoming dividend of ฿0.13 per share Eligible shareholders must have bought the stock before 02 June 2021. Payment date: 18 June 2021. Trailing yield: 6.5%. Within top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (5.6%). Reported Earnings • May 16
First quarter 2021 earnings released The company reported a poor first quarter result with weaker earnings and profit margins, although revenues were flat. First quarter 2021 results: Revenue: ฿46.0m (flat on 1Q 2020). Net income: ฿29.3m (down 2.5% from 1Q 2020). Profit margin: 64% (down from 65% in 1Q 2020). Is New 90 Day High Low • Mar 12
New 90-day low: ฿4.98 The company is down 1.0% from its price of ฿5.05 on 09 December 2020. The Thai market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the REITs industry, which is flat over the same period. Reported Earnings • Feb 25
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: ฿184.8m (down 1.1% from FY 2019). Net income: ฿119.0m (down 2.7% from FY 2019). Profit margin: 64% (down from 66% in FY 2019). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Dec 01
New 90-day high: ฿5.10 The company is up 1.0% from its price of ฿5.05 on 02 September 2020. The Thai market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the REITs industry, which is down 6.0% over the same period. 