sustainable growth. The Company believes that the residential condominium sector in the real estate business is currently facing slowdown. The Company and subsidiary companies thus establish a strategy to
, working people and investors who buy and rent out condominium units. Apart from residential property development, the Company also provides real estate services and management service to other organizations
revenues from project management service to joint venture company, (With“Nomura Real Estate Development” (NRED)) 3. Gain from transfer of right for land purchase and sale agreements, in the period for year
: ESSO (THAILAND) PUBLIC COMPANY LIMITED ESTAR: EASTERN STAR REAL ESTATE PUBLIC COMPANY LIMITED ETC: EARTH TECH ENVIRONMENT PUBLIC COMPANY LIMITED ETE: EASTERN TECHNICAL ENGINEERING PUBLIC COMPANY LIMITED
considered and approved the material matters as follows: 1. Asset Disposal Transaction of the Company 1.1 The Board of Directors of the Company resolved to approve the joint venture with Nomura Real Estate
the strengthen in Thai Baht. Major Development in 2Q19 On April 1st, 2019, the Company opened Dusit Central Park Project to develop mix-used real estate project which it will be completed in 2024. In
the increases in revenue. Gross Profit and Gross Profit Margin (GPM) in Q4/18, the Company has gross profit from sales of real estate of THB 344.6mn, or GPM of 25.4%, which decreased from GPM of 36.0
debt level and severe competition in the real estate market, the Company is rated A- by Tris Rating Co., Ltd. The Company is, therefore, able to save costs from lower interest rate when raising funds
estate development business, as well as hotel and real estate management, the Company group is interested in providing managing services for the Project Crossroads Phase 2 of Boonrawd Group under the