Thailand's Pruksa expects record net profit in 2015 on strong sales

May 15, 2015 5:12 AM

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BANGKOK May 15 Thailand's Pruksa Real Estate Pcl said on Friday it expected a record net profit this year due to strong sales of housing products and recovery in the property sector.

Pruksa, the country's second-largest property developer, is on track to achieve a sales target of 47 billion baht ($1.40 billion) in 2015 after housing sales of 12.8 billion baht in the first quarter, Vice-Chairman Lersak Chuladesa told reporters.

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