Post by account_disabled on Dec 30, 2023 17:17:37 GMT 8
TITLE Show 3rd Quarter 2019 Profit overflowed to over 39.26 million baht, an increase of 424.17% from the same period last year. Due to the recognition of condominium transfers faster than expected, said Sasipong Pinkaew, co-chief executive officer. Evaluate the Property Ing Rights Act into effect. Helps build confidence among foreigners who are over 80% of the main customers, supporting faster ownership demand. Confident that this year's performance will break the all-time high.
Mr. Sasipong Pinkaew, B2B Email List Co-Chief Executive Officer of Rompho Property Public Company Limited or TITLE, revealed that the overall operating results The third quarter of 2019 had a net profit of 39.26 million baht, an increase of 424.17% from the same period last year with a net profit of 7.49 million baht and total income of 223.29 million baht, an increase of 188.75% from the same period last year. Total income is 79.44 million baht. As for operating results for the 9-month period of 2019, the company had a net profit of 218.40 million baht, an increase of 641.59% from the same period last year, profit of 29.45 million baht, and total income of 1,096.70 million baht, an increase of 362.46% from the period. Same as last year with total income equal to 237.14 million baht.
Factors that make operating results grow well This is because the company has gradually recognized income from transfers from condominium projects faster than expected. Especially in the project The Title Nai Yang Beach Phase 1 and Phase 2, which began transferring in 2019. “Overall, TITLE's business operations are still growing exponentially. Because you can gradually recognize the transfer amount from the original project continuously, making it possible in the past The company has therefore increased this year's revenue forecast to 1,200 million baht, or a growth of approximately 270% from last year's total income of 324.13 million baht and is confident that this year's income It continues to reach all-time highs.
Mr. Sasipong Pinkaew, B2B Email List Co-Chief Executive Officer of Rompho Property Public Company Limited or TITLE, revealed that the overall operating results The third quarter of 2019 had a net profit of 39.26 million baht, an increase of 424.17% from the same period last year with a net profit of 7.49 million baht and total income of 223.29 million baht, an increase of 188.75% from the same period last year. Total income is 79.44 million baht. As for operating results for the 9-month period of 2019, the company had a net profit of 218.40 million baht, an increase of 641.59% from the same period last year, profit of 29.45 million baht, and total income of 1,096.70 million baht, an increase of 362.46% from the period. Same as last year with total income equal to 237.14 million baht.
Factors that make operating results grow well This is because the company has gradually recognized income from transfers from condominium projects faster than expected. Especially in the project The Title Nai Yang Beach Phase 1 and Phase 2, which began transferring in 2019. “Overall, TITLE's business operations are still growing exponentially. Because you can gradually recognize the transfer amount from the original project continuously, making it possible in the past The company has therefore increased this year's revenue forecast to 1,200 million baht, or a growth of approximately 270% from last year's total income of 324.13 million baht and is confident that this year's income It continues to reach all-time highs.