Post by account_disabled on Dec 25, 2023 20:23:54 GMT -7
Frasers Property (Thailand) Public Company Limited or "FPT" is the first integrated real estate service leader in Thailand. That includes residential, industrial and commercial real estate. into the same platform Revealed operating results for the 9 months of 2020 (January - September) were in line with the target. Confident that it will be able to generate income of 20,000 million baht by the end of this year. Reinforcing the vision and strategy for driving the organization with One Platform that helps strengthen and increase business potential. as well as the ability to diversify risk through managing various types of assets with many groups of customers. Ready to enhance flexibility and durability for the organization. To stand firm in the real estate business in all circumstances. Mr. Thanaphon Sirithanachai, Chief Executive Officer (Country Chief Executive Officer) of Frasers Property (Thailand) Public Company Limited, said, “From the first step of success in creating a business platform that Combining 3 high potential real estate groups together, Frasers Property Thailand is the first real estate service provider to revolutionize the Thai real estate industry.
By creating guidelines for developing a comprehensive real estate business for stable and sustainable growth. Ready to deal with economic challenges, the One Platform strategy will be the key to driving business to grow further. And we are confident that we will definitely be able to generate total income as targeted at 20,000 million baht at the end of 2020." Amidst a situation of business uncertainty, Frasers Property Thailand Company was still able to maintain total income in the first 9 months (January - September 2020) at a stable rate of 15,840. million baht, with a net profit of 2,532 million baht, an increase of 7.8 percent compared to the same period last year. This is due to the importance of Telegram Number Data capital management. To maintain stability and support the business plan The company is able to maintain strong financial liquidity from a balanced investment portfolio. Covers many asset classes that can generate continuous cash flow. and can diversify risks well under volatile market conditions. In addition, the company also receives good financial support from shareholders. Financial institutions and investors can see from the success of the offering of additional shares to existing shareholders in proportion to their shareholding (Right Offering) last July. which received a better response than expected with a fundraising total of 3,207 million baht to be used for investment and business expansion in the future. There are guidelines for efficient capital management. Ready to maintain the debt to equity ratio at an appropriate level.
This is reflected in TRIS's credit rating assessment. Still has a credit rating of A- with a stable trend, indicating the company's stable financial position. together with the potential to drive a platform for operating a fully integrated real estate business The "Frasers Property Home" business group has earned income from real estate sales in the past 9 months. (January - September 2020) is at 11,058 million baht, although in the past period there have been challenges from the COVID-19 situation. and economic problems But the trend of the residential real estate business Still heading in a good direction Because customers see the need for housing that perfectly meets their quality of life needs. As a result, demand for townhomes and single-family homes has recovered. Frasers Property Home is currently ranked among the top 5 in the country for residential businesses. There are a total of 59 high-quality residential projects in various locations, with another 3 projects opening at the end of this year, for a total of 62 projects worth 78,000 million baht. Frasers Property Home has had pre-order sales. Project cells with a total value of 25,000 million baht have a backlog waiting to be transferred worth 2,400 million baht.
By creating guidelines for developing a comprehensive real estate business for stable and sustainable growth. Ready to deal with economic challenges, the One Platform strategy will be the key to driving business to grow further. And we are confident that we will definitely be able to generate total income as targeted at 20,000 million baht at the end of 2020." Amidst a situation of business uncertainty, Frasers Property Thailand Company was still able to maintain total income in the first 9 months (January - September 2020) at a stable rate of 15,840. million baht, with a net profit of 2,532 million baht, an increase of 7.8 percent compared to the same period last year. This is due to the importance of Telegram Number Data capital management. To maintain stability and support the business plan The company is able to maintain strong financial liquidity from a balanced investment portfolio. Covers many asset classes that can generate continuous cash flow. and can diversify risks well under volatile market conditions. In addition, the company also receives good financial support from shareholders. Financial institutions and investors can see from the success of the offering of additional shares to existing shareholders in proportion to their shareholding (Right Offering) last July. which received a better response than expected with a fundraising total of 3,207 million baht to be used for investment and business expansion in the future. There are guidelines for efficient capital management. Ready to maintain the debt to equity ratio at an appropriate level.
This is reflected in TRIS's credit rating assessment. Still has a credit rating of A- with a stable trend, indicating the company's stable financial position. together with the potential to drive a platform for operating a fully integrated real estate business The "Frasers Property Home" business group has earned income from real estate sales in the past 9 months. (January - September 2020) is at 11,058 million baht, although in the past period there have been challenges from the COVID-19 situation. and economic problems But the trend of the residential real estate business Still heading in a good direction Because customers see the need for housing that perfectly meets their quality of life needs. As a result, demand for townhomes and single-family homes has recovered. Frasers Property Home is currently ranked among the top 5 in the country for residential businesses. There are a total of 59 high-quality residential projects in various locations, with another 3 projects opening at the end of this year, for a total of 62 projects worth 78,000 million baht. Frasers Property Home has had pre-order sales. Project cells with a total value of 25,000 million baht have a backlog waiting to be transferred worth 2,400 million baht.