A High Jump in 1Q19 Sales Revenue Skyrockets EVER’s Profit to ฿402M.
EVER reported a net profit in the first quarter of 2019 at THB 402.77 million, a high jump when compared to 1Q18 profit due to its high sales revenue.
Everland Public Company Limited (EVER) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
EVER reported a net profit in the first quarter of 2019 at THB 402.77 million, compared to the loss of THB 67.67 million of 2018, EVER’s net profit increased by THB 470.44 million. The main reason for a sharp rise was due to it high revenue which recorded at THB 2,905.95 million, compared with THB 165.47 million of the first quarter 2018, which increased by THB 2,740.48 million.
Revenues from sales condominium and detached house THB 2,821.99 million, which increased by THB 2,746.67 million or 3,646.67 % at the same period of last yearly ending due to the transfer of ownership of the condominium of The Politan Rive Project.
