Country Group Development PCL 2022 IR
The report highlights Country Group Development's financial turnaround to profitability in 2022, driven by a strong recovery in the luxury residential sector and condominium sales of 5,800 million Baht. The company completed the divestment of its hotel assets, including the Four Seasons Hotel and Capella Bangkok, to accelerate debt repayment and reduce finance costs. Key milestones included securing a 32-year lease with Oxford International College Brighton and progressing with the Rama III mixed-use project. On the sustainability front, the company focused on community education support, energy efficiency upgrades, and the elimination of single-use plastics at its properties.
Company: Country Group Development PCL
Sector: Real Estate
Country: Thailand
Year: 2022
Type: IR
Pages: 108
Country Group Development PCL
Annual Report (Form 56-1 One Report)
The report highlights Country Group Development's financial turnaround to profitability in 2022, driven by a strong recovery in the luxury residential sector and condominium sales of 5,800 million Baht. The company completed the divestment of its hotel assets, including the Four Seasons Hotel and Capella Bangkok, to accelerate debt repayment and reduce finance costs. Key milestones included securing a 32-year lease with Oxford International College Brighton and progressing with the Rama III mixed-use project. On the sustainability front, the company focused on community education support, energy efficiency upgrades, and the elimination of single-use plastics at its properties.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees