Thai Billionaire’s Frasers Sees ‘Challenges’ Despite Profit Gain
Frasers Property Ltd., the property developer controlled by Thailand’s richest man Charoen Sirivadhanabhakdi, warned of challenges ahead as a one-time tax provision reversal helped offset a broader profit slump.
By Rthvika Suvarna, Dexter Low · Bloomberg
Frasers Property Ltd., the property developer controlled by Thailand’s richest man Charoen Sirivadhanabhakdi, warned of challenges ahead as a one-time tax provision reversal helped offset a broader profit slump.