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Property Perfect convinced it will meet Bt25 bn revenue target this year

Sep 23. 2019
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By The Nation

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Listed property firm Property Perfect Plc is confident it will meet its revenue target of Bt25 billion by the end of this year from the sale of residential projects and other assets, the company’s chief financial officer Sirirat Wongwattana said in a press release on Monday (September 23).

 

She added that the firm has reported a total revenue of Bt10 billion in the first half of the year, adding that the remaining Bt15 billion will be made in the second half from the sale of single-detached homes and townhouses worth Bt6 billion, while another Bt6 billion will come from condominium projects in both Bangkok and Japan. The remaining Bt1 billion will come from the sale of land, and Bt2 billion from its hotel and hospitality business, she added. 

The company also plans to issue debentures worth Bt2 billion between September 23 and 25 to pay back some of its loans, she said.

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