venture agreement with Tokyo Tatemono Asia Pte. Ltd. to jointly develop a luxury condominium project in Thonglor area, Soi Sukhumvit 38. Management outlook and future projects Despite the bearish outlook
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has
the statement of comprehensive income when the real estate project has been completed and transferred to the customers after completion of the payment. Despite the disposal of assets, the Company has
investment in ONE CITY CENTER (“OCC”) – grade A office building development project for a total investment value of THB 8,771.4mn. Management outlook and future projects Despite the real estate market in
forecast for MACO at a growth rate of 30 – 35%, or standing at the range of THB 2,300 – 2,400mn. Despite the unexpected circumstances, we aim to turn those challenges to our advantage and strengthen
the real estate project has been completed and transferred to the customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories
customers after completion of the payment. Despite the sales of assets in the previous year there are remaining backlog and inventories awaiting to transferred at a total value of 15,686 million Baht. The
to maintain the positive trend we saw since 2018 and despite the competitive pressure. Depreciation was in line with the same period last year and given that are no major investments this will be
, very little engineering revenue in 1Q 2018 despite the fixed cost in the company resulted in a negative contribution however there are promising projects in the pipeline which have considerable upside
same period of a year earlier. The main reasons was the regular increase in sales and administrative expenses while gross margins amount stay flat in the current quarter, despite higher in sales but