Chewathai Public Company Limited (CHEWA.BK) is a Thai real estate developer focused on residential projects, particularly condominiums and housing estates in urban areas such as Bangkok and its vicinity. The company has faced significant challenges, reflected in its declining revenues and margins, primarily due to a saturated market and rising competition.
Real EstateReal Estate - Developmenthigh - The company has a significant amount of fixed costs associated with land acquisition and construction, leading to high operating leverage.