Debenture | Long Term | Public Offering (Public Offering) | Offering Date - 00/00/0000 - 00/00/0000
“Year of Shift” of L.P.N. Development Public Co., Ltd. Our business strategy is to develop urban residential condominium with an affordable price targeting middle to lower-middle income earners. The
following reasons; - Sales of units in condominium projects increased by 773.89 million baht or 147.63% from 524.22 million baht in Q1/2018 to 1,298.11 million baht in Q1/2019 due to the continuous transfer
performance of the Company is deteriorating. The Company has been able to sell the products but the ownership transfer target cannot be achieved. The operational strategy has thus been adjusted and 2017 is
estate business and thus the Company has to revise its strategy and target group. The year 2017 marks “The Year of Shift”. First of all, the target customers of the Company have been changed from middle to
mainly from ready to move-in projects while there were 3 low-rise projects, Maestro 03 Ratchada-Rama9, Maestro 14 Siam-Ratchathevi and Maestro 01 Sathorn-Yenakat, completed and started transfer in Q2/2018
Statement Consolidated Financial Statement Comparison of Haft-Yearly Separate Financial statement In(De)creas e % 31 th Dec 2017 31th Dec 2016 31th Dec 2017 31th Dec 2016 million baht % million baht % million