target is set at 16,500 million THB i.e. residential condominiums valuing 11,000 million THB and single house project valuing 5,500 million THB. The income recognition target is 12,000 million THB i.e
Most of the income from sales of real estate are income recognition from residential condominium projects (75%) and single house projects (25%) i.e. 1. Residential condominium projects: 61% are projects
. 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
. Since 2017, the property projects i.e. residential condominium and single home have been developed to serve the needs of all target groups. The Company started developing residential condominiums in the
estate sales of the year 2017 amount 3,176 Million Baht 52% increase from last year. Because cost from Townhouse, Semi-detached house, Single house and Condominium more than last year and these 4 products
from sale are as follows: Type of product 2017 2016 Single Detached House 60.0% 72.2% Town House 5.7% 6.2% Condominium 34.3% 21.6% Total 100% 100% 7. Details of the Company’s rental and services income
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
1, 2020 of THB 5.1 million on equity following the recognition of lease liabilities of THB 350.4 million and additional right-of-use assets of THB 345.3 million. IAS 17 IFRS 16 Operating Leases All
and the TFRS 9 revenue recognition concept adopted for calculation of interest income and fee income related to loan, as well as reduction of contributions to the Financial Institutions Development Fund
target to achieve high single- digit growth in enterprise segments in FY19. The latest strategic cooperation with China Unicom is also targeted to bring about opportunities to better serve localized