Financial reports filed with the Stock Exchange of Thailand reveal that first-quarter net-profit margins of all listed property firms fell below those of last year's first quarter.
A survey by The Nation has shown that this is due to rising costs of construction, as raw-materials prices escalate, and increasing financial costs as a result of higher interest rates.
The first quarter of this year is also compared with the first quarter of 2010, when government tax incentives were encouraging growth in the property market. The incentives expired at the end of March last year.
In some cases, property firms have also reported lower revenue and net-profit figures from the first quarter, compared with the first three months of 2010.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น