Everland plans three projects 

Real Estate December 28, 2018 01:00

By The Nation

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Listed property firm Everland Plc plans to launch a single-detached house project and two townhouse developments, worth a total of Bt2 billion next year, said company's chief executive officer Swechak Lochaya said.

The planned projects will drive its total revenue up by 10 per cent in 2019 , from an estimate of Bt1 billion this year, he said.

The company also has a backlog (units sold, waiting for transfer to buyers) worth Bt9 billion that will be delivered to customers between 2019 and 2022. 

"We expect to show a net profit soon," he said.

In the first nine months of this year, the company reported total revenue of Bt806.31 million and Bt158.86 million in net loss.