SC Reports First Quarter 2019 Growth in Revenue and Net Profit with Total Revenue of 3.195 Billion Baht and Net Profit of 315 Million Baht; New Condo Launch Planned for Q2
Mr. Atthapol Surasithiphanawat, Chief Support Officer of SC Asset Corporation Public Company Limited (SC), a quality real estate developer and leading Living Solutions Provider, announced that, “SC's performance in the first quarter of 2019 showed growth in both revenue and net profit, with total revenue of 3.195 billion baht, a 20% increase compared to the first quarter of 2018. This revenue is comprised of 93% from property development for sale and 7% from rental and services, with a net profit of 315 million baht, also a 20% increase. The sales amounted to 2.805 billion baht, with a backlog exceeding 9.7 billion baht, of which 65% will be recognized as revenue this year.”
Mr. Atthapol also provided an update on the plans for new project launches this year, totaling 13 projects worth 22.7 billion baht, stating, “In Q2, we are preparing to launch a new condominium project. In June, we will begin sales for the Scope Langsuan project, which covers over 2 rai and is valued at 7.8 billion baht, located in the prime area of Bangkok with International Premium standards. This project is managed by Scope Company, led by CEO Mr. Yongyuth Chaipromprasith.”
Additionally, there are 46 ongoing projects for sale, with a total project value of 37 billion baht, consisting of 37 horizontal projects and 9 condominium projects, along with another 12 new projects set to be launched in the second half of the year, valued at over 14.9 billion baht.”
Regarding living solutions, the current application 'Home Care' includes various features such as Homecare services for home repairs both within and outside of warranty. Notably, there is a Conversation feature for communication with support staff available 24 hours a day, along with Down Payment information for installment payments and construction status of high-rise projects, among other conveniences for customers in the digital age.
Recently, the 'Subscription' feature was launched, providing a monthly package for home care services, covering everything from house cleaning to garden maintenance and laundry, addressing human-centric needs and the basic requirements for quality living in single-family homes, townhomes, and condominiums. SC is also preparing to launch new features in the second half of the year. For more details, please call 1749 or visit www.scasset.com.
Thank you for the information from www.scasset.com.