HoonSmart.com >> Real Estate Company, Sweet Dreams. Year ’64 business will be even better. Announcing new projects Increase sales and transfer targets After being able to adapt better than expected to the COVID-19 crisis in 2020 Even though all companies had lower profits from the previous year.
Real estate companies on the stock exchange are gradually announcing their 2020 performance despite declining profits. But it is not as bad as it is concerned, except for Ananda Development Company (ANAN), the market leader in condominium near the train. Experiencing a loss of -206.58 million baht and a loss of -3.42 million baht
“Chaiyut Chunhacha” Chief Financial Officer of Ananda Development (ANAN) said the company had sales in 2020 above the target of 4% at 17,495 million baht from the ready-to-live projects that were accepted at Consistently good, at the end of the year, the company has a sales holdover (backlog) of over 18,316 million baht to support the growth of the transfer amount in 3 years.
Currently, both domestic and international customers still transfer continuously. Despite the coronavirus outbreak. The total transfer amount is 18,345 million baht. The proportion of foreign customers is similar from the previous year at the level of 21% of customers use cash to transfer ownership of 38% “
As for the adjustment of the company, there is a policy to reduce the proportion of non-core businesses such as construction services. And focus on core business to increase operational efficiency And reduce costs Able to reduce selling and administrative expenses of 1,782 million baht, a 27% decrease from the previous year
In 2021, the company has set a target for transfer amount of more than 16,008 million baht, sales of 18,570 million baht, preparing to launch 5 new projects, project value over 24,422 million baht.
“Year 64 is another year that has to adapt all the time. To accommodate changing situations, cope with risks And the uncertainty that may occur The vaccine will be the hope and driving force of all mankind. As a result, tourism has recovered and purchasing power from foreign customers, especially Chinese customers who have a high purchase demand. Will help improve trends and confidence. When the situation began to resolve, everything would return to normal. People still have to live in the city And the city still has to go on, “said Chaiyut.
The company successfully issued 2,328 million baht debentures last January. It retains more than 13 billion baht in total cash for joint venture projects and continues to gain strong support from leading financial institutions. And has a variety of financing options The goal is to maintain the net interest bearing debt to equity ratio under the long-term target of 1: 1.
“Anupong Asavabhokhin” The Chief Executive Officer of AP Thailand (AP) revealed that in 2021, the company set a revenue target of 431 billion baht, setting a new record (New High), an increase of 13.3 billion baht from the previous year with revenues of 20.98 billion baht. The sales target is 3.55 billion baht from the beginning of the year to the latest on February 15, with sales of 4,500 million baht, a 37% increase from the same period last year. Comes from low-rise projects as the main driver Currently, the company has 147 projects across Thailand. Value ready for sale over 121,890 million baht
In 2021, the company plans to launch 34 new projects with a total project value of 43 billion baht, divided into 30 low-rise projects, totaling 28.8 billion baht, 4 condominiums worth 14.2 billion baht, with two joint venture projects worth 1 Ten billion baht, the company continues to monitor demand and supply in the condominium market. Seeing that the first half of the year is still tired The company will move forward to release the stock and wait and see the situation first.
In addition, in 2021, the company will recognize income of at least 15 billion baht from all back locks 3.79 million baht, divided into a horizontal line of 1.24 billion baht this year. For condominiums, 25.4 billion baht will gradually be realized in 2021-2023, and will continue to drain stock worth more than 7.88 billion baht from 113 projects. The company continues to buy land this year, budgeting at 12 billion baht, an increase of 4,000 million baht from the previous year.
As for the company’s performance in 2020, the net profit was 4,226 million baht, a 37.78% decrease from the previous year with a net profit of 3,067 million baht.
“Suwannee Mahanarongchai” Deputy Managing Director of Strategy Development and Asset Management, Plus Property, said that in 2021 there will be more new projects launched. Focus on price, easy access in a convenient location in line with the purchasing power of consumers. And find new selling points Different from competitors to meet the needs of consumers and to continuously accelerate drainage projects.
Recent survey results Even condominiums, despite declining supply But still the highest proportion is 48%, with 16,582 units, town homes with 38% of 13,065 units, and single houses with 14% proportion, with 4,767 new launches.
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