signed into contract or about to be signed which will allow the Company to begin to recognize revenue. 3.2 Revenue from real estate development business has decreased when compared to 2019, by Baht 403.82
, increased from 0.67 times as of 31 December 2017 due to the investment in land for new residential real estate projects. The Company still has the policy to maintain the D/E ratio of not exceeding 1.5 times
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
THB 887.7mn while that of 1H19 was THB 2,351.6mn. Of which, THB 685.6mn and THB 2,072.0mn, respectively, were from sales of real estate • Gross profit from sales of real estate in 2Q19 was THB 179.1mn
segment In the Third quarter performance of 2017, the Company and its subsidiaries’ revenues from sales of real estate increased and 9-month performance of 2017, the revenues from sales of real estate
Company Limited 0.19 million 0.69 million Total 30.73 million 23.64 million On the first quarter of 2019, Mana Patanakarn Co., Ltd., which is in real estate business, has expenses for sales support
between the consideration paid and the fair value of the net assets acquired. The amount of investment in the subsidiaries. The company expects to benefit from this transaction from the real estate
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