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BRIEF-Thai hotelier Erawan Group expects better net profit this year
November 16, 2017 / 9:10 AM / in a month

BRIEF-Thai hotelier Erawan Group expects better net profit this year

Nov 16 (Reuters) - Thai Hotelier Erawan Group Pcl:

* Says expects 2017 revenue growth of 7 percent, better net profit than 2016

* Says maintains investment plan of 10 billion baht ($303.21 million) from 2016 to 2020

* Says plans to have more than 85 hotels by end-2020 vs 48 hotels at end-September Further company coverage: ($1 = 32.98 baht) (Reporting by Satawasin Staporncharnchai; Writing by Orathai Sriring)

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