including ready to move approximately 3,689.4 million baht. The quarter 2/2020, The Group focuses on ready to move projects which will gradually recognize revenue within this year. In 2020, The Group has
Padaeng Industry Public Company Limited and its subsidiaries ( “ the Company” ) reassessed its business structure to move towards Green Businesses targeting renewable energy and real estate business. To
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launched, sales volume and backlog in 2019 The sales volume in 2019 was 7 billion THB. In 2019, the launch of new projects was postponed in response to the slowdown. Ready-to-move-in condominium units were
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million THB from 2017. It is the income recognized from 11 projects completed in 2018, 54% of which is recognized from sales of the projects and 46% from the liquidation of ready-to-move-in projects
%. The income from rental and service fee and management fee increases 37.58% and 20.52% respectively. Moreover, in order to sell ready-to-move-in projects, the sales promotion costs (excluding ownership
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continual expansion of rental business at Lumpini Township Rangsit-Klong 1 Phase 3 since the end of 2018 and the rental business at ready-to-move- in projects since 2020, namely, Lumpini Park Phahol 32