million or 12% increase compared to the same period of 2019. This was due to an increase in revenue from housing projects by Baht 487 million or 32%, mainly from an increase in transfer of single detached
Q1/ 2017 to 33.5% in Q1/2018; 2. Whilst SG&A including Interest expenses was up 10% Y-O-Y or Baht 17.7 million because of higher variables expenses that varied to company better performance, and non
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
, accounting and finance system, IT system, water and cleaning services (fees are varied by actual consumption). Pricing Criteria: Fee is calculated from cost of system and personnel plus margin, which is
services and other services in relation to HR system, accounting and finance system, IT system, waste water treatment and cleaning services (fees are varied by actual consumption). Pricing Criteria: Fee is
Public Company Limited is assigned the company rating of “A-” (Single A Minus), the rating of LH BANK’s Basel III Tier 2 capital securities at “BBB” (Triple B Straight). Analysis of Operating Results The
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