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JSP PROPERTY EIGHT NEW PROJECTS FOR BT5BN IN TOTAL REVENUE

May 29. 2018
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By The Nation

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JSP Property Co Ltd plans to launch eight residential projects worth Bt2.55 billion to boost its total revenue to Bt5 billion this year or, up 15 per cent from Bt4.52 billion last year, said Pairoj Wattanavarodom, the company’s managing director.

Up to Bt4.7 billion of its estimated total revenue of Bt5 billion will come from sales and transfers of residential unts with rental incomes accounting for the remaining Bt300 million, he said.

Four of the eight new projects acheduled for launches this year, worth Bt1.96 billion, will be townhouses, twinhouses, and shophouses while the others worth Bt586 million will be the extension phases to the four existing projects, he said.

Currently, the company has a total backlog of Bt3.1 billion which will be ready for transfers to its customers this year. It has recorded sales of Bt1.8 billion in the first five month of this year which will help to boost its total revenue and achieve the 15 per cent growth target, he said. 

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