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
% 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
. Domestic demand continued to expand from private consumption and public spending, while private investment contracted especially in real estate sector in line with decline in the supply of new real estate
Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses, including the leasehold rights over
in relation to the Dusit Thani Maldives hotel project with Dusit Thani Freehold and Leasehold Real Estate Investment Trust (DREIT). On 25 September 2019, the Company transferred all businesses
monetization to WHA Premium Growth Freehold and Leasehold Real Estate Investment Trust (WHART) and HREIT in the late 2017 and the beginning of 2018 respectively, thereby reducing the leasable area. Gross
, which decreased by 9.0% and 11.1%, respectively, from the same period of previous year. The main reason was due to the asset monetization to WHA Premium Growth Freehold and Leasehold Real Estate
residential condominium units in the statement of comprehensive income when the real estate project has been completed and transferred to the customers. MahaNakhon Project: The Company sold 4 residences of the