With a more favourable environment, CENTRAL PATTANA improves to Slightly Positive
CENTRAL PATTANA (TH), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date February 11, 2022, the closing price was THB 57.25 and its potential was estimated at THB 60.97.Central Pattana Public Company Limited is a Thailand-based company engaged in the property development business. The Company operates three business segments: the development of shopping centre buildings, office buildings and condominiums for rent including the provision of utility services, the operation of play land and water theme parks in the shopping center buildings; the sales of food and beverages in the shopping centers, and hotel business including the Hilton Pattaya hotel and Centara Hotel & Convention Center Udonthani. The Company operates its shopping centers under CentralWorld, CentralPlaza and CentralFestival brands. Its subsidiaries comprise Central Pattana Rama 2 Co., Ltd., Central Pattana Chiangmai Co., Ltd., Langsuan Realty Co., Ltd., Central Pattana Rattanathibet Co., Ltd., Central Realty Service Co., Ltd. and Central Food Avenue Co., Ltd., among others.
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