PROPERTY

Developers' Q1 profits plunge to decade-low

Business, Kanana Katharangsiporn, Published on 04/06/2025

» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.