SC Asset Reports 2nd Quarter Growth in Revenue and Net Profit, Increasing by 63% and 252% - 9 New Projects Worth 11.45 Billion Baht Planned for the Second Half of the Year, Launching '30 DAYS STAYCATION' Advertisement Inspired by New Home Design Concepts
Mr. Natthapong Kunakornwong, Chief Executive Officer of SC Asset Corporation Public Company Limited stated, "SC's operations this year are in line with the business plan. For the 2nd quarter, we experienced growth in both revenue and net profit, with total revenue of 2.86 billion baht, a 63% increase (QoQ). This includes sales revenue of 2.64 billion baht and rental and service income of 218 million baht. The net profit reached 264 million baht, growing by 252% (QoQ). We have a backlog of approximately 9.33 billion baht that will gradually be recognized as revenue from 2017 to 2020. As of June 30, 2017, the company and its subsidiaries had total assets and liabilities of 36.203 billion baht and 22.216 billion baht, respectively. For the second half of the year, we plan to launch 9 new horizontal projects across all price levels, with a total project value of 11.45 billion baht."

In the 3rd quarter, we will launch 2 new projects simultaneously on September 9-10, with a total value of 2.5 billion baht, including:
- The Bangkok Boulevard Rangsit project, located next to Rangsit-Nakhon Nayok Road, covering over 36 rai, with a project value of 1 billion baht, offering 132 units in 3 house styles, Nordic Luxury style, featuring large homes with 4-5 bedrooms, high ceilings, and Sky living, complete with amenities such as a 30-meter saltwater swimming pool, fitness center, and steam room, starting at 6 million baht.
- The Pef Ram Inthra-Ring Road project, located along the outer ring motorway and near the Ram Inthra-Ajarnrong expressway, covering over 78 rai, with a project value of 1.5 billion baht, offering 308 units in 3 house styles, Modern Resort style, with 4-5 bedrooms, and amenities including a 30-meter swimming pool, 3rd Place co-working space, bike lane, and semi-basketball court, starting at 4 million baht.
Additionally, we have produced an advertisement titled '30 DAYS STAYCATION' to convey the story of the new home design series that focuses on human-centric concepts, inspired by tourist destinations around the world, bringing relaxation into various projects. The first phase includes 4 single-family home projects, including the 2 new projects mentioned above, along with the Grand Bangkok Boulevard Srinakarin and the Venue Rama 5-2 projects. The initial launch of these 2 projects has received a very positive response, achieving total sales of 600 million baht.
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