Pruksa Holding revenues decline despite strong presale growth
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Pruksa Holding Plc has announced net profit of Bt5.94 billion at year-end 2016, dropping 22.65 per cent from its net profit of Bt7.68 billion at the end of 2015.
Total revenue also dropped 7.4 per cent from Bt50.67 billion in 2015 to Bt46.92 billion last year.
Pruksa Holding Plc’s chief executive officer said at a press conference on Friday that despite the declining revenues, the company had continued to show presale growth of 4.8 per cent from Bt42.38 billion in 2015 to Bt44.41 billion last year, a record in presales in the company’s 23 years of operations.
