SC's momentum continues! With strong sales in homes and condos, the first half of the year saw sales reach a new high of 12,020 million Baht, showing growth in sales, revenue, and profit. The company has a robust financial position and has approved an interim dividend of 0.08 Baht per share, along with the establishment of a subsidiary, SCX ONE COMPANY LIMITED, to invest in real estate and create profits in new areas.

Mr. Nattapong Khunakarawong, CEO of SC Asset Corporation Public Company Limited (SC), a leader in high-quality Living Solutions Provider, confidently stated, "SC will achieve its target of 22,000 million Baht in both sales and revenue, with revenue expected to grow over 10% year-on-year. In the first half of the year, all new projects exceeded sales targets, achieving 55% of the annual goal, reaching a new high of 12,020 million Baht, with year-on-year growth in all three key figures:
1. Sales of 12,020 million Baht, growing 6% year-on-year, with growth in both horizontal and vertical segments at 9,837 million Baht (5% growth) and 2,183 million Baht (13% growth), respectively.
2. Revenue of 9,068 million Baht, growing 4% year-on-year
3. Net profit of 969 million Baht, growing 3% year-on-year.

With strong performance and financial status, the board of directors recently approved:
1. An interim dividend payment of 0.08 Baht per share on September 7.
2. The establishment of two subsidiaries within Q3/2022: SCX ONE COMPANY LIMITED for real estate investment with a registered capital of 100 million Baht, and SC ASSET FOUR COMPANY LIMITED with a registered capital of 50 million Baht.

This year, the company aims to achieve sales and revenue targets of 22,000 million Baht, supported by sustained demand for housing and a sufficient number of projects in the second half of the year, totaling 61 projects valued at 59,000 million Baht, including 44 ongoing projects worth 33,000 million Baht and 17 new projects for the second half.

The 17 new projects, valued at over 26,000 million Baht, include 16 horizontal projects worth 23,800 million Baht and one condominium project worth 2,500 million Baht located on Sukhumvit Road, 0 meters from Thonglor BTS station, operated under the SCOPE brand. Another key factor is the revenue from the transfer of three newly completed condominiums in Q4: The Crest Park Residences, SCOPE Langsuan, and SCOPE Promsri.

Mr. Nattapong stated, "2022 is another challenging year with high volatility. However, with the #SCskydive corporate culture that emphasizes customer care and flexible adaptation, along with a strong financial position, SC will be able to grow sustainably in the new world and deliver value to both people and the environment."

As of June 30, 2022, the company had total assets of 51,773 million Baht and total liabilities of 31,465 million Baht, with a book value of 4.81 Baht per share and a debt-to-equity ratio (D/E) of 1.55 times.