Supalai sets 10% investment budget for Australia

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Supalai sets 10% investment budget for Australia

By The Nation

 

Pratheep Tangmatitham, CEO of Supalai Plc

 

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.

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30365045

 

-- © Copyright The Nation 2019-03-02

[smedly]

anyone wondering why the baht keeps heading up hurting exports and tourism need look no further

 

although this is of course commercial the other and possibly more influential reason would be the Hiso rich private investment overseas 

 

exporters and tourism are losing the battle by quite a margin

[Youlike]

1 hour ago, smedly said:

anyone wondering why the baht keeps heading up hurting exports and tourism need look no further

 

although this is of course commercial the other and possibly more influential reason would be the Hiso rich private investment overseas 

 

exporters and tourism are losing the battle by quite a margin

Maybe CP also wants to buy another large company overseas.