Press Release

Pruksa sweeps sales in the first quarter this year of 8.465 billion Baht, exceeding the expectation

10 May 2011 10:50 PM

Mr. Thongma Vijitpongpun, President and Chief Executive Officer of Pruksa Real Estate PCL, (center), and the company’s management team recently revealed the company’s operating results in the first quarter of 2011. The company achieved the sales of 8.465 billion Baht, an increase by 10 per cent from the target of 7.722 billion Baht. The company’s income totaled 5.45 billion Baht and net profit of 731 million Baht. The company believed that the performance in the second quarter of 20112 would be higher, thanks to the government’s first-home project with no interest rate for the first 2 years. The program will certainly prompt the customers to accelerate their decisions. The company has prepared to transfer the ownership of residential units, priced no more than 3 million Baht, totaling a combined 10 billion Baht from the presales this year of 18.431 billion Baht. In addition, the company expects to complete the construction of 3-4 condominium projects this year. This should enable the company to realize some part of income in the second quarter of 2011.  



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