and medium-sized enterprises (SMEs), are having to brace for regulatory changes as well. These include the single-account scheme, taxation of funds transfer for online purchase, and a land and building
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
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
number of staff to support new incoming projects. 5.2 Profit on exchange rate increased by Baht 0.85 million. In the quarter 3/2018, the company has gain on exchange rate and forward contract by Baht 0.46
subsidiaries still need to prepare in advance for the incoming order therefore shall have relevant expenses during the period as compared to previous year. 3. Selling and Administrative Expenses For the second
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