Post by account_disabled on Dec 26, 2023 11:07:52 GMT
PreBuild Public Company Limited (PREB) reported net profits for the first quarter of 2020 reached 40.64 million baht, while total income was 993.27 million baht, resulting from the recognition of income from the construction contracting business. Most recently, there is work on hand waiting to recognize income, stockpiling more than 8 billion baht, while the board has given the green light to a bond limit worth not more than 1 billion baht, with a term of 5 years, along with scheduling the 2020 annual general meeting of shareholders on 16 July. .This is the side of "Wirot Charoentra", Managing Director. Confident to overcome the economic slowdown from the effects of the COVID-19 crisis. go strong Mr. Wirot Charoentra, Managing Director of Prebuilt Public Company Limited or PREB, revealed that overall operating results for the first quarter of 2020, ending on March 31, 2020, had a net profit of 40.64 million baht, while total income was At 993.27 million baht, factors that lead.
to net profit This is because there is gradually recognition of income from work in hand (backlog) worth 902.72 million baht and income from floor slab production of another 90.56 million baht. In this regard, the Company's Board of Directors has resolved to approve the amount for the offering of bonds. Type of collateral or no collateral? There is a credit limit of not more than 1 billion baht with a maturity of not more than 5 years from the date of issuance of the bonds. Along with the schedule for the 2020 Annual General Meeting of WhatsApp Number List Shareholders on July 16, 2020 at the Phanana Project, Phutthamonthon Sai 3, and resolved to determine the names of shareholders who have the right to attend the 2020 Annual General Meeting of Shareholders on the 1st. June 2020 “The overall economic situation is not likely to recover and the spread of the coronavirus disease 2019(COVID-19) affects the real estate development business and construction contractors Both directly and indirectly But in the first.
quarter of this year The company is still able to make a net profit. which is the profit that comes mainly from the construction contracting section Currently, the company still has a backlog of work in the construction section of approximately 8.07 billion baht and will gradually recognize it continuously, thus ensuring that it will definitely be able to escape the economic slowdown this time. "Mr. Wirot said. The Managing Director also said that the overall business operations this year It is expected to grow more than last year. Because there is work on hand waiting to be delivered. At the same time, we are waiting for the results of the bidding for new work worth approximately 5-6 billion baht. From past performance, the company will likely have more opportunities to receive new work as well. While the real estate business The company continues to operate normally and current projects are gradually being transferred in. This is another factor that will help support future growth. However, PREB is a flexible company that can adjust its work according to the situation very well. We believe that this year will still create results.
to net profit This is because there is gradually recognition of income from work in hand (backlog) worth 902.72 million baht and income from floor slab production of another 90.56 million baht. In this regard, the Company's Board of Directors has resolved to approve the amount for the offering of bonds. Type of collateral or no collateral? There is a credit limit of not more than 1 billion baht with a maturity of not more than 5 years from the date of issuance of the bonds. Along with the schedule for the 2020 Annual General Meeting of WhatsApp Number List Shareholders on July 16, 2020 at the Phanana Project, Phutthamonthon Sai 3, and resolved to determine the names of shareholders who have the right to attend the 2020 Annual General Meeting of Shareholders on the 1st. June 2020 “The overall economic situation is not likely to recover and the spread of the coronavirus disease 2019(COVID-19) affects the real estate development business and construction contractors Both directly and indirectly But in the first.
quarter of this year The company is still able to make a net profit. which is the profit that comes mainly from the construction contracting section Currently, the company still has a backlog of work in the construction section of approximately 8.07 billion baht and will gradually recognize it continuously, thus ensuring that it will definitely be able to escape the economic slowdown this time. "Mr. Wirot said. The Managing Director also said that the overall business operations this year It is expected to grow more than last year. Because there is work on hand waiting to be delivered. At the same time, we are waiting for the results of the bidding for new work worth approximately 5-6 billion baht. From past performance, the company will likely have more opportunities to receive new work as well. While the real estate business The company continues to operate normally and current projects are gradually being transferred in. This is another factor that will help support future growth. However, PREB is a flexible company that can adjust its work according to the situation very well. We believe that this year will still create results.