Ananda Development Public Company Limited or ANAN, a leader in urban residential development and the market leader in condominiums near electric train stations, announced that total project sales in Q2 2021 reached 3.264 billion baht, exceeding the forecast target by 16%. The company is confident that the demand for completed and ready-to-move-in condominiums near electric train stations continues to be strong, indicating signs of ongoing recovery in the second half of the year.

Mr. Sermsak Kwanpao, Chief Financial Officer of Ananda Development Public Company Limited, stated that despite the new wave of Covid-19 outbreaks in Thailand, the company has performed satisfactorily during the lockdown and economic activity restrictions. In Q2 2021, sales reached 3.264 billion baht, surpassing the target of 2.816 billion baht by 16%. This achievement exceeded targets for both condominium and horizontal projects, primarily due to the company's focus on selling diverse ready-to-move-in projects that perfectly meet urban living lifestyles. The marketing strategies, both online and offline, effectively cater to the needs of buyers, both domestic and international. In this New Normal era, project development will emphasize value to align with consumers' purchasing power and public health measures to instill confidence in customers when visiting the company's projects.

The company has continuously adapted to ongoing changes in product development, sales, and marketing, ensuring that business operations remain unaffected. Furthermore, it is confident that the government's 30-day construction worker camp closure measures will not impact the company. Ananda is a leader in condominiums near electric train stations, with a strong inventory of ready-to-move-in condominiums amounting to over 26 billion baht in Q1 2021, providing customers with immediate ownership options, thus ensuring confidence in achieving operational results as planned.