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Supalai Public Company Limited Achieves Remarkable Financial Performance in 2566
Feb 26, 2024
Supalai Public Company Limited Achieves Remarkable Financial Performance in 2566 Bangkok
By   Internet
  • City News
  • Thailand Property Market
  • Condominium Sector
  • Thai Real Estate
Abstract: Thailand's Supalai Public Company Limited (SPALI) achieved remarkable financial performance in 2566.

According to the published financial report, the company's total revenue reached 31.818 billion Thai baht, with net profit reaching an impressive 5.989 billion Thai baht, while sales also reached an impressive 28.864 billion Thai baht. This indicates SPALI's strong performance in the real estate market, as well as its robust financial strength and potential for continued growth.


Part of the company's success is attributed to its low debt burden and strong financial potential, enabling it to move forward steadily and launch various products nationwide based on the same standards and quality.


Supalai Public Company Limited Achieves Remarkable Financial Performance in 2566

livinginsider.com


Mr. Tritesha Setitham, Managing Director of Supalai Public Company Limited, stated that 2566 was a year of challenges and breakthroughs for the company, and they plan to launch 50 projects nationwide worth a total of 100 billion baht, setting a record in the company's history.


Meanwhile, the condominium market also shows signs of recovery. Although the upper market segment is slowing down, demand for housing in the mid-range market remains strong. As a result, low-rise and condominium projects have received positive responses. In 2566, the company's total revenue from property ownership transfers amounted to 30.836 billion Thai baht, with 66% coming from low-rise projects and 34% from condominium projects. The company's net profit was 5.989 billion Thai baht, and the net interest-bearing debt-to-equity ratio was only 44%, demonstrating the company's financial stability and sustainability.


Supalai Public Company Limited Achieves Remarkable Financial Performance in 2566

livinginsider.com


In addition to the strong financial performance, the company also enjoys the trust of its customers. Total sales of low-rise and condominium new projects amounted to 28.864 billion Thai baht, while sales of newly opened and completed condominiums reached 9.207 billion Thai baht. This indicates SPALI's strong market performance in meeting various customer needs.


Based on sales performance, the board of directors has decided to pay dividends to shareholders. According to the resolution, the company will pay a dividend of 2,566.1 Thai baht per share to shareholders based on the performance of the 45th year. This demonstrates the company's commitment and responsibility to shareholder returns.


Looking ahead to 2567, SPALI has ambitious development plans. The company is determined to achieve business prosperity with strong financial potential, launching 50 projects worth a total of 100 billion baht in 42 provinces nationwide. This includes factors supporting condominium ownership transfers, and five completed and ready-to-occupy projects will gradually gain recognition to support the company's future investment portfolio.

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Supalai Public Company Limited Achieves Remarkable Financial Performance in 2566
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