SC Asset Corporation

SC Asset Corporation

Listed property arm of the Shinawatra family

SC Asset Corp, the listed property arm of the Shinawatra family, SC Asset Corporation Public Company Limited operates in the Dwelling operators, exc. apartments sector. In addition to historical fundamental analyses, the complete report available to purchase compares SC Asset Corporation Public Company Limited with three other Real estate operators in Asia: Raimon Land Public Company Limited (2012 sales of 5.43 billion Thai Bahts [US$180.16 million] of which 100% was Real estate dev’t), Jiangsu Dagang Co Ltd of China (2.17 billion Chinese Renmimbi [US$354.53 million] of which 53% was Real Estate), and Lai Sun Development Co. Ltd. which is based in Hong Kong (875.16 million Hong Kong Dollars [US$112.72 million] of which 45% was Property Investment).

Sales Analysis. SC Asset Corporation Public Company Limited reported sales of 8.36 billion Thai Bahts (US$277.08 million) for the year ending December of 2012. This represents an increase of 13.7% versus 2011, when the company’s sales were 7.35 billion Thai Bahts. Sales at SC Asset Corporation Public Company Limited have increased during each of the previous five years (and since 2007, sales have increased a total of 149%).

Sales of Real Estate Sales saw an increase of 15.8% in 2012, from 6.53 billion Thai Bahts to 7.55 billion Thai Bahts. Not all segments of SC Asset Corporation Public Company Limited experienced an increase in sales in 2012: sales of Rental Services fell 3.0% to 802.92 million Thai Bahts.