subsidiaries (together as “CSL group”) engage in comprehensive Internet Service Provider (ISP) and enterprise business communications. CSL group is focusing on the quality service and flexibility of the customer
the Company and it is not necessary for the Company to depend on or utilized the disposed assets. The Company would proceed with its strategies and policies to engage in the core business in which it
the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the
HIGHLIGHTS Total revenue increased by 81.8%, mainly from significantly increase in income from sale of real estate due to increase in land transfer this quarter, compared to the same period of pervious year
investment properties increased by 45%, compared to the same period of last year. Because, on 6 November 2015, the Company sold assets to WHA Business Complex Freehold and Leasehold Real Estate Investment
the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
Business: The Company is to record the revenue from sales of residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the
sales of real estate 1 1,056.58 1,493.92 (29.27%) Note 1 64% of the income from sales of real estate is recognized from residential condominium projects and 36% from single house projects. The details are
hub, but also reflected the potential and strength of WHA Group’s industrial estates, which can serve the needs of both local and international customers. Gross profit from sale of real estate during
% as well as the rental and service income of real estate development decreased by 8.5%. Overall Performance of the Company was affected from the business loan, its subsidiary which required the