“Year of Shift” of L.P.N. Development Public Co., Ltd. Our business strategy is to develop urban residential condominium with an affordable price targeting middle to lower-middle income earners. The
accelerated the transfer of housing units to customers before the Bank of Thailand housing loan control measure (Loan-to-Value: LTV) became effective on April 1, 2019. Even though, the majority of MK customers
funds Insurance Low Middle High 0 1 2 3 4 5 6 7 25 -2 7 28 -3 0 31 -3 3 34 -3 6 37 -3 9 40 -4 2 43 -4 5 46 -4 8 49 -5 1 52 -5 4 55 -5 7 58 -6 0 2.7 3.5 4.1 4.4 4.6 4.7 4.7 4.5 4.3 3.9 3.4 2.8 0 1 2 3 4 5
estate business and thus the Company has to revise its strategy and target group. The year 2017 marks “The Year of Shift”. First of all, the target customers of the Company have been changed from middle to
Yai and Chachoengsao branch). Industry Overview The retail industry in 2018 is expected to grow but at moderate level since the purchasing power of middle and low income consumers, who are the main
, 15.1% and 16.8% of total revenue during the two years respectively. This was an increase of THB 94.9 Mn or 28.9%. This increase was mainly due to staff increases in middle management recruited to support
, compared to 307,760 units in Jan-Mar 2016. Decreases were seen in many markets, mainly in Asia, Middle East, Central and South America, and Africa. Profit & Loss Analysis (Unit: Million Baht unless otherwise
Expenses Q1/2019, the Company and its subsidiaries had the selling expenses of 22 MB which is rather flat when compare to Q1/2018 (21.97 MB in Q1/2018) as result from better management and control of selling
distributor for the additional channel of sales. Targeted in international markets, it accounts for 60% of total sales of the Company and mostly from Asian customers but it has added to the Middle East market
of sales. Targeted in international markets, it accounts for 60 percent of total sales of the Company and mostly from Asian customers but it has added to the Middle East market, South America Market