Board of Directors passed a resolution to adjust the principal business policy to real estate development. Later, the company expanded its property development business to industrial estate projects. And
. (“SAGUSA”) Weihai Bethel Sakthi Automotive Co., Ltd. (“Sakthi Bethel”) Weihai Bethel Sakthi Automotive Safety Systems Co., Ltd. (“WBS”) Sakthi American Corporation Sakthi Real Estate Holdings, Inc. 51.00
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
province (“Ratchaphatsadu Land”) totaling 2 plots, approximate area is 1,335 rai 2 ngan 28.1 square wah, for 50 years, for the purpose of creating opportunities and supporting real estate and/or industrial
collection, which will obviously grow in the third and fourth quarter this year. 4. Property development Business Although the real estate development business under the operation of JAS Asset had the
40.99 (40.99) Construction of Baan Baranee, this company’s real estate project. The Company orders this company to repay the debts by installments according to its business’s net cash flow. East Bangkok
44,283 23.0 8.1 Real Estate Development 23,782 11.7 21,276 11.0 11.8 SMEs loan 24,086 11.8 23,007 11.9 4.7 Corporate Lending 20,196 9.9 15,807 8.2 27.8 Special Asset Management loan 604 0.3 607 0.3 (0.4
9.0 Housing loan 13,051 6.4 11,252 5.8 16.0 Commercial Lending 47,868 23.5 44,283 23.0 8.1 Real Estate Development 23,782 11.7 21,276 11.0 11.8 SMEs loan 24,086 11.8 23,007 11.9 4.7 Corporate Lending
loans, real estate development loans and housing loans while hire purchase loans declined slightly from the end of 2018. For asset quality, the Non-Performing Loans (NPLs) to total loans ratio for 1Q19
area and also from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by