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<\/a><\/p>\nMr. Korn Narongdej, Chief Executive Officer of Raimon Land Public Company Limited<\/strong>, said, \u201cWe achieved a remarkable business performance in 2022, especially in the last quarter of the year which turned profitable against loss in the same period last year.\u00a0 Moreover, the company’s presales in the fourth quarter almost doubled that of last year, while full year sales also increased by almost 7% from 2021. It is very gratifying that our customers have a strong confidence in RML brand and the quality of our project development, resulting in a fast-paced ownership transfer of \u2018The Estelle Phrom Phong\u2019, which began transferring since Q3 2022. Currently, 50% of the total numbers of units has already been transferred and the project is expected to be sold out in 2023.\u201d<\/p>\n \u201cIn the fourth quarter of 2022, RML managed to turn around our business and became profitable, as a result of efficient management by implementing cost control measures in current RML projects as well as managing financial costs with the right proportion of floating and fixed interest rates. In addition, the company has achieved successful rebranding under the tagline of ‘Luxury Reimagined’ to reposition our corporate image to be modern and more accessible so that we can expand our customer base across every generation of consumers with high purchasing power in luxury and ultra-luxury segments. As a result, our two new projects, both of which are joint venture developments with Tokyo Tatemono, have received an overwhelming response. \u2018The Estelle Phrom Phong\u2019 has already been sold by 80%, and \u2018Tait Sathorn 12\u2019 by 90%, respectively,\u201d added Korn.<\/p>\n <\/p>\n As of 31 December 2022, the company\u2019s total backlog was 4,965 million Baht, from the transfer of the Estelle Phrom Phong which started in the third quarter of 2022, and the transfer of Tait Sathorn 12 which will start in the third quarter of 2023.<\/p>\n","content_2":"<\/a> <\/a><\/p>\n