revised to be in accordance with the real estate business slowdown, particularly in the residential condominium section. Single house projects and real estate service business are developed to expand the
. The income from residential condominium development and sale is maintained at ten billion THB per annum. The growth of the development of single house projects is at least 50% of that of residential
adjustments), as set out in the last financial statements published by Permata prior to the closing of the Transaction. 4. Source of Funds The Bank expects the Transaction to be financed via combination of
from sales of single house projects, it is similar to that of Q1/2020. The income from rental and service business increases 27.97% from the same quarter of the previous year. It is as a result of the
backlog of the Company and subsidiary companies is 7,600 million THB i.e. 6,800 million THB from residential condominium and single house projects to be handed over in 2019 and 800 million THB from those to
expand the income base. As for real estate development business, the ratio of single house project development is increased to enhance business growth. As for real estate service business, the Company aims
business type is as follows: 1. Real Estate Development Business: 1) Income from residential condominium decreased 2.43290 billion THB or 28.24% from 2018. 2) The development of single house projects has
million baht or represented 65% of total borrowings, decreasing from 71% of fiscal year 2016; the higher short term borrowing are financed to support turnovers growth. Shareholders’ Equity As of August 31
the end of Q2. This is fully financed and will have a positive impact on EBITDA as electricity cost is reduced. Net cash from long-term financing activities decreased as long-term loans were repaid on
companies operate real estate business and provide full real estate services. Since 2017, the projects developed i.e. residential condominiums and single houses have been remodeled to serve the needs of all