Everland expecting Bt2m in revenue in 2018

Real Estate April 23, 2018 11:49

By The Nation

Listed property firm Everland Plc plans to launch four new residential projects worth Bt2 billion this year, driving total revenue for the year to an anticipated Bt2 billion, chairman Swechak Lochaya said on Monday.

The revenue will derive from existing residential projects being transferred to customers this year from a total backlog worth Bt6 billion being transferred through 2020, he said.

At the end of 2017, the company reported total revenue of Bt725.44 billion, down 28 per cent from 2016, and a net loss of Bt278.91 million.