, investment and tourism. It was inevitable that the disruptions from the lockdowns led to a sharp economic downturn in 2020. With the great efforts of all governments in putting fiscal policy ahead of monetary
. Furthermore, the country’s economic grew considerably low in 2019. Therefore, majority of the Company income from real estate business in 2019 came from the condominium ready to move in. Cost of sales and Gross
came from the condominium ready to move in. Cost of sales and Gross Profit Cost of sales for the 9-month period ended 30 September 2019 and 2018 were THB 576.34 and 870.10 million respectively. Cost of
company still managed to maintain the gross profit margin at 39.9% and started to realize the profit from 2 new completed joint venture condominium projects (Joint Venture) with Nomura Real Estate
Total Consolidate Joint Venture Total Real estate transferred activities 5,826.2 - 5,826.2 5,041.0 2,184.4 7,225.4 1,399.2 24.0% PAGE 2 However, The Group still managed to maintain the net profit margin
. Nevertheless, Thailand continued to maintain its strong external fundamentals over the course of 2018 with a current account surplus of approximately 7.5 percent of GDP and international reserves standing at 1.3
Section 97 Securities and Exchange Act B.E. 2535 Section 97. A securities company shall maintain capital adequacy in accordance with the rules, conditions and procedures as specified by the SEC.
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
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
Baht volatility and international capital movements. Within this context, KBank has accentuated enhancement of our business capabilities to achieve sustainable growth and maintain our market leadership