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Search Result for “net profits”

Showing 1 - 10 of 148

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

BUSINESS

Property Perfect plans to sell land, inventory for liquidity

Business, Kanana Katharangsiporn, Published on 13/02/2026

» SET-listed developer Property Perfect has frozen new project launches this year and plans to offer land bank plots and properties worth a combined 4.8 billion baht for sale to strengthen liquidity.

BUSINESS

CPN to invest B10bn in green initiatives

Business, Kanana Katharangsiporn, Published on 20/05/2025

» SET-listed Central Pattana (CPN) is planning to invest 10 billion baht from 2025 to 2029 in sustainability programmes, with 600 million baht allocated to green initiatives this year through Central Pattana Green Growth, its newly established subsidiary.

BUSINESS

ESR industry investments to top $1bn

Business, Kanana Katharangsiporn, Published on 04/02/2025

» ESR (Thailand), a joint venture between the Hong Kong-based ESR Group and Thai developer Asia Industrial Estate, is expected to exceed its initial investment budget of US$1 billion for 2023–2027 due to strong demand in the industrial sector.

BUSINESS

Thai developers' profits set to plunge this year

Business, Kanana Katharangsiporn, Published on 13/12/2024

» The combined profits of listed housing developers are expected to decline by more than 10% this year compared with 2023, driven by intense market competition and aggressive discount campaigns to capture dwindling demand.

BUSINESS

Proud eager to enter the Phuket market

Business, Kanana Katharangsiporn, Published on 05/12/2024

» SET-listed developer Proud Real Estate plans to launch three new residential projects worth a combined 9.2 billion baht next year, including its first venture in Phuket to capitalise on the booming luxury residential market.

BUSINESS

Samyan Mitrtown to break even in three years

Business, Kanana Katharangsiporn, Published on 21/09/2024

» SET-listed Frasers Property Thailand is expecting the Samyan Mitrtown mixed-use project to break even within three more years, a shorter period than other commercial projects, but longer than initially anticipated because of the pandemic.

BUSINESS

Teka changes tack as condos dwindle

Business, Kanana Katharangsiporn, Published on 23/08/2024

» SET-listed contractor Teka Construction has shifted its focus to international schools, hospitals and data centres to compensate for fewer condo projects as demand is dampened by high interest rates.

BUSINESS

Yong Concrete rejigs focus to industrial push

Business, Kanana Katharangsiporn, Published on 21/08/2024

» Yong Concrete, an MAI-listed manufacturer of concrete products, plans to shift its focus from the slow residential market to the industrial sector, which could cause growth to fall below the company's original target.

BUSINESS

Top developers to launch projects worth B93bn in H2

Business, Kanana Katharangsiporn, Published on 16/08/2024

» The top three residential developers -- AP Thailand, Sansiri and Supalai -- are maintaining their plans to launch 73 projects worth a combined 93 billion baht in Greater Bangkok and the provinces during the second half of this year, following a strong performance in the second quarter.