Despite tough conditions in the property industry last year, most leading listed developers still reported better performances with increases in net profits.
Quality Houses Plc (QH) reported total consolidated revenue of 10.58 billion baht, down 4.3% from the previous year. Of the total, 9.057 billion baht was generated from sales of housing units, up 18.5% year-on-year, 1.118 billion from rental of office space and serviced apartments, down 14.76%, and 334.2 million baht from other sources.