TRIS gives Pruksa ‘A’ company, debenture ratings

TRIS said the ratings reflect the company’s leading position in the middle-to-low-priced townhouse segment, its proven track record in the middle-to-low-income residential property market, its cost competitiveness and its large backlog, which partly secures the company’s future revenue stream. 
TRIS said the ratings also reflect the relatively high level of household debt nationwide, coupled with the current slowdown in the domestic economy, which may impact on demand in the residential property market in the short to medium term.