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
Investment Properties The Company had no revenue from investment properties during the first quarter of 2020, comparing to the same period of last year, which had the revenue recognition of deferred revenue
%, compared to the same period of last year. As the Company recorded deferred revenue from selling assets to WHA Business Complex Freehold and Leasehold Real Estate Investment Trust (“WHABT”) on 6 November 2015
. This increase during the first 9 months was mainly due to reversal of deferred revenue from sale of investment properties to WHABT in the second quarter of 2019 comparing to sale of investment properties
. On June 5 – 6, 2020, together with LED, the Company was able to auction out 164 real estate collaterals from its portfolio worth Baht 525,419,000 or accountable for 141 . 19% from the appraisal value
3,891.2 mm which increased by 12.2%, compared to the same period of previous year. This increase during the period was mainly due to reversal of deferred revenue from sale of investment properties to WHABT
quarter and the first half of 2020 were THB 38.4 mm and THB 71.3 mm, which varies from income from sales of real estate. The selling expense accounted for 8.8% of income from sales of real estate for the
of the economy and the real estate market in Thailand, our company may have difficulty in managing NPLs and selling NPAs. 2.2 The company may face competition in sourcing NPLs and NPAs from competitors
sale of properties for sale were Baht 307 and 226 million respectively, which decreased 26.4% due to the downturn of real estate sector Other operating expenses Unit: Baht in Million Q1/2019 Q4/2019 Q1
Revenue from sale of real estate for the 3-month period ended 31 March 2018 and 2019 were THB 440.40 and 346.20 million consecutively. Revenue from sale of properties decreased by THB 94.20 million or 21.39