to be open on different hours or close on different days. Therefore, in order to clarify rules on granting permission to a management company to establish a branch office together with serving
following the order of government agencies nationwide to prevent the spread of the COVID-19. Revenue from rental and rendering of services managed to grow by 6.8% YoY, mainly supported by higher rental
. Even though the income from sales has decreased 0.64%, the income from rental and service business and income from management fee of subsidiary companies have increased. In order to liquidate the
estate market is explored in order to diversify business risk and boost recurring income. Apart from developing residential condominiums, the Company also provides real estate services and property
, equivalent to 47.9% and 2.4% respective of the total liabilities. The increase for long term loan in the year 2019 comes from the Company has received loans from a financial institution. Shareholder’s equity
which require additional staff and rental expenses. In order to be well prepared to operate the company’s new branches, new recruits need to be hired and trained 70 - 90 days in advance. For the first
THB 22.68 million or 27.53%, mainly from additional staff and rental expenses for new branches. However, the Company has measures to control selling expenses, in order to maintain the proportion of
, the business operation of subsidiary companies will be independent from that of the mother company. Subsidiary companies will also provide services to other companies in order to generate more income
will acquire 600 Million Baht long-term loan from financial institute in order to increase more capital on Vanachai Energy Industries Company Limited (subsidiary company). (These loans are in the ratio