Home > Business > Asian Property profit down

Asian Property profit down

Asian Property Development yesterday posted revenues of Bt7.8 billion and a net profit of Bt898.8 million for last year.

Published on March 4, 2008

The revenue figure showed a rise of 23.3 per cent while profit dropped 33.1 per cent from 2006.

CEO Anupong Asawabhokhin said Asian Property's net profit was down because it had recorded a special net gain of Bt550 million from its investment in City Asset Fund in 2006.

"If we compare only recorded income from the sale of projects between 2006 and 2007, we would see growth of 13.2 per cent from the previous year," Anupong said.

The Nation

{literal}

{/literal}

Court extends deadline for PTT
PTT has been given extra time to complete the transfer of assets to the Finance Ministry.
Asian Property profit down
Asian Property Development yesterday posted revenues of Bt7.8 billion and a net profit of Bt898.8 million for....

{literal} {/literal}

Asian Property profit down

Asian Property Development yesterday posted revenues of Bt7.8 billion and a net profit of Bt898.8 million for last year.

OTHER BUSINESS

Court extends deadline for PTT

Asian Property profit down

Top Stories