%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership
. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross
condominium sales of 1,256.56 Million Baht, increased by 794.42 Million Baht or up by 171.90%. This was mainly due to the Rich @ Sathorn–Taksin Project completion and the condominium unit transfer, which enable
“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
move towards Green Businesses targeting renewable energy, material recycling and eco management. To pursue its business strategy, 36 MW solar farms in Thailand have been acquired in late 2016 and during
lower rates on settlement services causing some customers decided move to operate e-Payment services with the other operators. Real estate rental and services related segment The Company’s revenue from
services to the merchants. In addition, other operators started offered lower rates on settlement services causing some customers decided move to operate e-Payment services with the other operators. Real
e-payment services to the merchants. In addition, other operators started offered lower rates on settlement services causing some customers decided move to operate e-Payment services with the other
customers decided move to operate e-Payment services with the other operators. Real estate rental and services related segment The Company’s revenue from this business segment decreased due mainly to the
including ready to move approximately 3,689.4 million baht. The quarter 2/2020, The Group focuses on ready to move projects which will gradually recognize revenue within this year. In 2020, The Group has