AP Thailand, No. 1 real estate company 1H revenue totals Bht 20,940 million, profit Bht 1,870 million On solid financial footing with over Bht 18,600 million in available credit line
เกริก บุณยโยธิน
13 August, 2025 at 14.41 pm
– AP Thailand with a promise of Cheevit Dee Dee Tee Lueak Eng Dai reports 1H operating results showing highest growth in the industry with total revenues standing at Bht 20,940 million, net profit at Bht 1,870 million, net debt-to-equity at a low 0.73
– Reinforces goal to be No. 1 property development company ready to move forward on strong footing with financial stability and varied access to funds – 3 advantages contributing to AP building positive growth
– At peace with available credit line untapped at Bht 18,619 million 2. Long-term funds for condo development investment from partner Mitsubishi Estate which is in 12th straight year of collaboration, and 3. Cash inflow from sales and transfers of over 200 ongoing projects, all are advantages contributing to AP’s growth in the face of the world’s economic instability
– Plans to launch 34 new projects worth a total of Bht 53,350 million with key highlight being Townhome and Twin Home Business- the ultimate of ideal life, which will launch new home models continually after success with sale of Baan Klang Muang THE EDITION Sathorn-Kalapapruek with 3-storey split-level designed townhome ‘XAVIER’ which steps over limits of townhome with new form of space
– SDH Business plans to launch “BEON” – a new brand with new products as the ultimate Ultra Volume design concept which seamlessly connects all areas of all floors of the home into one with design of Vertiplex mezzanine for more private space than before
– Condominium Business for you to start life you want to live, plans to launch 5 new projects and ready to transfer ASPIRE Vibha-Victory worth Bht 2,300 million
– For updates on all new single detached home, twin home, townhome and condo projects from AP throughout 2025, click http://apth.ly/APThai25
Mr. Ratchayud Nunthachotsophol, President-designate, AP Thailand Public Co., Ltd., to be effective on 1 September 2025 as the Stock Exchange of Thailand was notified, said operating results in the first half of the year were clear proof of AP Thailand’s potential as No.1 real estate company which continues to grow solidly and strongly in the face of challenging factors all around, be it the economy which has yet to fully recover or Thailand’s economic stagnation, all unavoidably having an impact on the unstable real estate market and purchasing power as well as consumer confidence. Despite that, all AP Thailand’s business groups have continued to maintain growth in all dimensions.
In the first half of the year, the company was able to generate Bht 20,940 million in total revenues (including those from 100% JV projects) and a net profit of Bht 1,870 million while maintaining strong financial stability with net debt-to-equity ratio at only 0.73.
In the face of multiple challenges facing Thailand’s real estate industry in the second half of the year which is believed to be not an easy one due to continuing effects from various factors, the company will continue to operate with caution and the most important thing contributing to the organisation’s smooth sailing amid the ripples is internal management, particularly financial stability management since finance is like ‘oxygen’ that keeps the business afloat with confidence. At present, the company has an excellent financial liquidity enough for long-term solid growth and has a potential to access various sources of funding, which is a great advantage to support its operations to fully achieve corporate goals. Among the advantages are
1. Available credit line from financial institutions currently at a hefty Bht 18,619 million.
2. Funding from business partner Mitsubishi Estate through a hefty registered capital of Bht 12,619 million in its subsidiary to invest in condominium development in Thailand in a joint venture with AP. The collaboration is now in its 12th
3. Continued cash inflow from sales and transfers of properties across all segments – more than 200 projects in all, comprising single detached homes, townhomes, twin homes and condominiums.
