Pratheep Tangmatitham, CEO of Supalai Plc
Pratheep Tangmatitham, CEO of Supalai Plc

Supalai sets 10% investment budget for Australia

Real Estate March 01, 2019 18:36

By The Nation

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Listed property firm Supalai Plc has set aside an investment budget in Australia of about 10 per cent of the total yearly investment, the company's chief executive officer Pratheep Tangmatitham said in a press release on Friday.

This is following its return of investment from property projects in Australia booking up to 5 per cent of its net profit in the end of 2018, he said.

In the end of 2018, Supalai records total revenue Bt25.18 billion and net profit Bt5.77 billion.