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As AP Thailand keeps giving people Cheevit Dee Dee Tee Lueak Eng Dai it continues to reinforce leadership in urban townhome and semi-detached home market with special deals offered for all projects across the city.
TRIS Rating affirms the company rating on AP (Thailand) PLC (AP) and the ratings on AP?s outstanding senior unsecured debentures at ?A-? with a ?stable? rating outlook. The ratings reflect AP?s strong market position, its large and diverse product line, and strong operating performance resulted from revenue growth in the housing segment and a substantial amount of shared profits under joint venture (JV) projects. The ratings also take into consideration its moderate financial leverage, and the prolonged Coronavirus Disease 2019 (COVID-19) pandemic, which could put more pressure on the demand for residential properties.
KEY RATING CONSIDERATIONS
Strong market position