Showing 1 - 10 of 51
Plus Property Posts 950m Baht in H1 Revenue
Published on 08/08/2025
» Strong demand across Thailand’s premium residential and tourism property markets has driven robust growth for Plus Property Company Limited, with first-half operating results aligning with projections. Suwannee Mahanarongchai, Managing Director of Plus Property, revealed that the company generated total income of 950 million baht for the first six months of 2025—a 10% increase compared to the same period in 2024. This performance reflects growing client confidence and the continued expansion of the property management sector, particularly in after-sale services for high-end developments in Bangkok and key tourism hubs such as Chiang Mai, Hua Hin, and Phuket.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
SCB X-Home Credit Vietnam deal set to close in H1
Business, Published on 25/12/2024
» SCB X, the financial technology conglomerate and holding company of Siam Commercial Bank (SCB), announced on Feb 28, 2023 it entered into a sales and purchase agreement via SCB to acquire the entire charter capital of Home Credit Vietnam Finance Co, the consumer finance arm of Home Credit NV (Home Credit Group) for around 31 billion baht.
Shares boosted by growing hopes for a soft landing
Business, Published on 31/08/2024
» RECAP: Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy. The dollar was poised for its worst monthly performance in nine months on the view that US interest rates are all but certain to start falling next month.
Ubon Bio Ethanol records B150m profit on B3.47bn revenue for H1
Business, Published on 09/08/2024
» Ubon Bio Ethanol Plc (UBE), the largest well-integrated tapioca player in the northeast region of Thailand, reported a net profit of 150 million baht on total revenue of 3.47 billion baht for the first half of this year.
Thai Union's Q2 Profit Surges 14.2% to THB 1.2 Billion
Published on 08/08/2024
» Thai Union Group PCL reported a second-quarter net profit of THB 1.2 billion, a 14.2 percent year-on-year increase led by a sustained recovery in the Ambient, PetCare, and Value-added categories.
SCCC Reports Impressive H1 2024 Results Amid Multiple External Challenges
Published on 07/08/2024
» Siam City Cement Public Company Limited (SCCC), a leading player in the cement industry for over five decades, has reported an impressive financial performance for the first half of 2024, demonstrating significant growth and strategic adaptability in a challenging economic environment.
PTTEP Reports Strong H1 Performance and Dividend Payout
Published on 06/08/2024
» PTTEP announced its operational performance and key achievements for the first half of 2024, highlighting its strategic investment expansion in the Middle East to increase the company’s petroleum proved reserves. The Board of Directors has approved an interim dividend payment of THB 4.50 per share, while the company contributed over THB 30,170 million in royalties and tax to support national development.
Global sell-off intensifies on signs of US weakness
Business, Published on 03/08/2024
» RECAP: A global stock sell-off intensified yesterday as concerns grew over the health of the US economy and disappointing forecasts from major tech firms. Japanese shares plunged on expectations for more interest-rate hikes, further darkening the mood.
Profits of 10 listed banks for H1 rise 3.7% to B126.4bn
Somruedi Banchongduang, Published on 23/07/2024
» The 10 SET-listed banks reported a combined net profit of 126.4 billion baht for the first half of this year, marking a 3.7% increase year-on-year. This growth was primarily driven by large banks, while smaller banks experienced a decline in earnings.