Stanchart PBT to grow atleast 42 percent • Far Property sees 12 percent growth
Far Property Limited has revealed that the results for its 2020 interim period will be higher than the previous corresponding period. The group’s board of directors announced that profit before tax for the six-month ended 31st December 2020 will be between 12-15 percent higher than those reported for the comparative period. According to the estimates provided by the company, this is approximately between P 5.75 Million to P 6.90 Million higher than the P 47.97 Million reported for the period ended 31st December 2019. Far Property is a company founded by Ramachandran Ottapathu, the Chief Executive Officer of Choppies Holdings.