SC Asset, Supalai post net profit growth in Q1
Listed property firms SC Asset Corporation Plc and Supalai Plc have both announced growth in net profits for the first-quarter of this year form the same period last year.
SC Asset Corporation Plc announced a total revenue of Bt2.68 billion and Bt259 million in net profit for the first quarter of this year, a rise of 53 per cent and 244 per cent respectively from the same period last year.
“We will continue to strive towards the revenue target of Bt17 billion at the end of this year,” the company chief corporate officer Attapol Sariddipuntawat said recently.
Supalai Plc announced a total revenue of Bt4.65 billion and Bt870 million in net profit in the first quarter of this year, up 22 per cent and 27 per cent respectively from the same period of last year.
The company plans to launch more residential projects this year to drive its business to double digit growth this year, Supalai Plc’s managing director Tritecha Tangmatitham said recently.