housing units in the projects were Baht 88.78 million with a gross profit of Baht 40.93, representing a gross profit margin of 31.56 percent. Gross profit margins from the Company’s sale of immovable
67.29 million, representing a gross profit margin of 15.61 percent. Costs of sales of housing units in the projects were Baht 99.51 million with a gross profit of Baht 78.96 million, representing a gross
Pahol 34, and a single- detached housing project, Niyham Boromratchachonani, in Bangkok Metropolitan Area. Diversification into Mixed-use Development Projects CPN sees the potential in mixed-use
estate: Sales of real estate for the year ended 2019 decreased by Baht 5,308 million or 36% decrease compared to the same period of 2018. This was due to a decrease in revenue from housing projects by Baht
housing projects by Baht 1,057 million or 41% and a decrease in revenue from condominium projects by Baht 370 million or 74% decrease compared to the same period of 2019. In particular, the COVID-19
was due to a decrease in revenue from housing projects by Baht 1,296 million or 46% decrease compared to the same period of 2018. Meanwhile, revenue from condominium projects increased by Baht 274
for the housing estate is located In accordance with the Sale and Purchase Agreement as of March 20, 2018, the Company is responsible to transfer the allocation license and 3 plots of assets which are
completed and in the process of transfers whilst the other 4 projects are in the process of construction. CPN has developed 1 project of single-detached housing in Bangkok. Moreover, CPN continues to study
-leasing and credit card loans, but declined in housing loans in line with the sluggish real-estate market. Financial institutions expect that demand for business and household credit will increase