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Sansiri Announces Historic High Net Profit: Brand Strength Drives Performance Surge
三月 5, 2024
Sansiri Announces Historic High Net Profit: Brand Strength Drives Performance Surge 曼谷
By   Internet
  • 都市报
  • Thai real estate
  • Thailand property market
  • property transactions
Abstract: Sansiri has announced its highest-ever net profit, showcasing the outstanding performance achieved by the company over the past year. This achievement is attributed to the company's strong brand strength and high-quality products, which have propelled its performance to new heights.

Sansiri Public Company Limited has announced impressive performance over the past year, achieving its highest-ever net profit and setting a new record in the residential real estate sector. This achievement is credited to the company's efficient operations and excellent brand reputation.


Mr. Vijaya Viriyapusit, Chief Financial Officer, stated that 2023 was a milestone year for Sansiri, with a net profit of 6.06 billion Thai baht, representing a 280% year-on-year increase, and a net profit margin of 15.5%. This performance not only surpassed any year since the company's inception but also underscored Sansiri's strong performance and leading position in the market.


Sansiri Announces Historic High Net Profit: Brand Strength Drives Performance Surge

LivingInsider


Sansiri is renowned for its high-quality residential brand both domestically and internationally. The company has solidified its dominant position in the real estate market by continuously launching new low-rise and high-rise projects, including luxury single houses and ready-made apartments. Customer trust in Sansiri's excellent quality and service allows the company to win the hearts of luxury and ultra-luxury clients.


In the future, Sansiri has ambitious development plans. They plan to launch 46 new projects in 2024, with a total value of 61 billion Thai baht and a target sales revenue of 100 billion Thai baht. These projects encompass ready-made product portfolios in different locations, aimed at meeting the needs of diverse customer groups and creating more opportunities and competitive advantages.


Sansiri Announces Historic High Net Profit: Brand Strength Drives Performance Surge

LivingInsider


In addition to business expansion, the company is also committed to rewarding shareholders. Sansiri plans to pay an annual dividend of 0.20 Thai baht per share to shareholders and has already paid a midterm dividend of 10.0 Thai baht per share in 2023. This initiative aims to provide higher returns to investors while attracting new investors to join.


Sansiri's success stems not only from its excellent operational capabilities and brand reputation but also from the company's emphasis on financial discipline and customer experience. Through efficient construction management and continuous improvement of product quality, Sansiri provides customers with high-quality housing, leading to sustained profit growth.

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Sansiri Announces Historic High Net Profit: Brand Strength Drives Performance Surge
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