Charn Issara sets aside Bt2 bn to buy land

THURSDAY, MARCH 02, 2017
Charn Issara sets aside Bt2 bn to buy land

Property firm Charn Issara Development Plc has set aside an investment budget of Bt2 billion to buy undeveloped land for residential projects in the next two years, the company's chief executive Songkran Issara said.

The company also expects total revenue and net profit to show strong growth this year as the company reported total revenues of Bt3.14 billion and net profits of Bt158.9 million year-end 2016, up 12 per cent and 20 per cent respectively from 2015, Songkran said.