the new projects and interest expense. The Company has anticipated the impact of Dusit Thani Bangkok Hotel closure that will result in lower performance. As a result, the Company has planned to create
affected by the COVID–19 outbreak. However, the Company’s revenues generate from large projects that have continued its operation since 2019. Moreover, most of the customers are government agencies and state
-condominium projects and single houses. The marketing strategy is to create a differentiated products and services that are unique only to the Company. The sales volume target and income from sales target in
, revenue from selling immovable property was Bath 222.23 million, increasing by Baht 110.69 million or a 99.23 percent increase compared to Q1/2015. Details are as follows: The Company’s three projects that
increase of 287.7 MB and 488.6 MB, respectively, due to the auctioned projects, which were bid at the previous quarter, has gradually delivered in the Q3-2017. The overall economy expansion in Q3-2017 has
institutions has become very strict and loan rejection rate has been rising. In addition, the projects developed by the Company are large-scale, resulting in an increase inventory. The Company, therefore
backlog projects that getting award on 2016, including new projects of 2017 such as Cold Water Generation Plant project (PTT LNG Cold Water) which contract total amount is 642.40 Million Baht, and Wangnoi
remaining of ongoing projects from backlog of 2017 which main income such as PTT TANK project, PTT LNG Cold Water project, and PTT Wangnoi Compressor Station project (PTT WCS). The proportion of revenue