Platinum Group a Thai real estate developer has 2-billion-baht year

The commercial real estate developer the Platinum Group have announced they achieved a strong financial performance throughout 2017, with both revenue and profit achieving double digit growth.

The total revenue generated was reported to be 2.059 billion baht an increase of 196 million baht or 11 percent compared to 2016.

They also reported profits increased to 772 million baht, an increase of 68 million baht on those achieved in 2016.

Platinum Group a Thai real estate developer has 2-billion-baht year

Speaking of the company’s success the Platinum Group’s President Chanchai Phansopha said that last year’s performance was an all-time record for the company.

The Platinum Group are set to open their latest venture a retail center in Rachadamir Road in Bangkok which is scheduled to open before the end of this year.

Platinum Group a Thai real estate developer has 2-billion-baht year

The center called the Market Bangkok takes up a total of 20 rai of land and has a total constructed area of 200,000 square meters with 40,000 square meters of that for rent, sales teams began offering spaces for rent in the latter parts of last year.

They said there will be car parking for 2,000 cars and the shopping center will be set out over six floors.

Source: The Nation

Content : LovePattayaThailand

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