PROPERTY
L.P.N., QH bank on big H2 performance
- Published: 10 Aug 2012 at 00.00
- Newspaper section: Business
Two listed developers _ L.P.N. Development Plc (LPN) and Quality Houses Plc (QH) _ expect to record better performance in the second half of this year after a decrease in second-quarter net profit.
LPN reported a second-quarter net profit of 146.97 million baht yesterday, down by 74.5% from 576 million in the same period last year, on revenue of 1.11 billion baht, down by 70% from 3.7 billion.
Managing director Opas Sripayak said the company plans to complete eight projects worth a combined 13 billion baht this year.
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