asset and led to strong occupancy rate and a gradual increase in effective rents of Suntowers. Commercial Property: Operation Statistics Operation statistics 4Q16 3Q17 4Q17 FY2016 FY2017 Suntowers 1 Net
company name from DAII to NVD. • In February 2017, the Company launched ‘The ESSE at Singha Complex’ – a luxury condominium project located at the corner of Asoke-Montri and Phetchaburi Roads. At the end of
consolidated total revenues of Bt.1,123mn, of which residential and commercial property businesses were the key contributors, contributing 44% and 34%. A YoY comparison showed a decrease of 7% YoY, due to a drop
7,539 million Baht, increased by 29% YoY, supported by revenue from the ESSE Asoke which has started the transfer since December 2018 and operating profit contributed from the new acquisition of Outrigger
investment property, professional fees in relation to M&A activity, sales & marketing expenses for the launch of new residential projects, write-off/impairment of asset, one-time income/expense, etc
properties in 2018 and 2019. According to accounting standard, the company obliges to measure investment property at fair value representing current rental income and remeasure once any events impacting
, primarily due to fair value adjustments on investment property at THB 794m realized in 9M18. For 3Q19, the Company reported total revenue of THB 3,520m, grew by 94% YoY. 275% growth in revenue from sales of
Metropolis building in January 2020 with a plan to dispose the asset to SPRIME in a due period. Even though, 27% declined in 1Q2020 total revenue compared with 1Q2019 mainly attributed to negative impact from
, primarily due to gain from fair value adjustment of investment property at THB 794m realized in 2Q18. The Company made the first dividend payment which was made from 2018 Net profit at THB 0.04 per share on
house and condominium units reached THB 1,698m, grew by THB 1,307m or 334% YoY. The increase generally stemmed from transfer ownership of condominium unit of the Esse Asoke and Banyan Tree Residences