However, all three companies have expressed confidence that they will close out this year with double-digit revenue growth. Supalai reported total revenue of Bt25.78 billion and net profit of Bt5.8 billion for 2017, up 10 per cent and 19 per cent, respectively, from 2016. At SC Corporation, total revenue dropped 13.74 per cent to Bt12.45 billion for last year. Condominium transfers to customers accounted for about 47 per cent of the company’s total revenue last year. Ananda Development chief executive officer Chanond Ruangkritya said that the company also expected its total revenue and net profit to maintain strong growth in 2018.

Source: The Nation Bangkok February 23, 2018 18:22 UTC