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AssetWise Plc reports first-quarter results: Sales up 269% and looks ahead to second quarter
五月 13, 2024
AssetWise Plc reports first-quarter results: Sales up 269% and looks ahead to second quarter 曼谷
By   Internet
  • 城市報
  • Real estate development
  • property sales
  • housing outlook
Abstract: AssetWise Plc. has announced impressive first-quarter performance, demonstrating strong growth momentum. The company will continue to focus on enhancing its competitiveness and innovation to adapt to market changes and challenges, creating greater value and returns for investors.

In the latest financial report released by AssetWise Plc. (ASW), remarkable performance was showcased. As of the first quarter of the fiscal year, the company's total revenue reached 25.671 billion Thai Baht, with a gross profit margin of 758%. This figure signifies substantial growth for the company in the past quarter, with sales reaching 4.16 billion Thai Baht, a staggering 269% increase year-on-year. Behind this achievement lies the company's relentless efforts and accurate grasp of market opportunities.


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Kromchet Wiphanpong, CEO of ASW, expressed confidence in the company's performance and is optimistic about the outlook for the second quarter. The company plans to launch 65 new projects in the upcoming quarter, including "Cave Luminous Bangmod" and "Cave Genesis Nakhon Pathom," with a total value of 2.2 billion Thai Baht. These projects will further strengthen the company's position in the real estate development sector and lay a solid foundation for its future growth.


Over the past year, ASW has achieved a series of remarkable milestones. In addition to significant financial growth, the company has successfully launched several highly anticipated projects. These include the Kave Town Colony project located near Bangkok University and the Atmoz Kanaal Rangsit project in the heart of Rangsit city. The successful launch of these projects has brought substantial returns to the company and earned high praise from the market and investors.


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It is worth mentioning that ASW achieved a total presale value of 25.676 billion Thai Baht in the first quarter, a year-on-year increase of over 269%. This data further demonstrates the company's strong competitiveness and solid business foundation in the market. Additionally, the company plans to intensify project development efforts in the second quarter, with the launch of 2,567 new projects expected. These new projects will cover various types of residential and commercial properties, injecting new vitality and momentum into the company's future development.


In addition to its success in the local market, ASW is also looking towards the international market. The company plans to actively expand its overseas business and seek new opportunities and partners globally. Through close cooperation with the international market, ASW aims to further consolidate its leading position in the global real estate industry and lay a solid foundation for its long-term development.

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AssetWise Plc reports first-quarter results: Sales up 269% and looks ahead to second quarter
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